Manny, a single taxpayer, earns $66,000 per year in taxable income and an additional $12,000 per year in city of Boston bonds. If Manny ears an additional $36,000 in taxable income in 2020, what is his marginal tax rate on this income? (Use tax rate schedule) (Round your final answer to two decimal places.) Multiple Choice 1773 percent 22.00 percent o 22 92 percent o 2400 percent None of the choices are correct Abbott Laboratori s Southeastern Owl Register for 14 2020 Tax Rate Schedules Individuals Schedule X-Single Ir taxable income is over: But not over: The tax is: $ 0 $ 9,875 10% of taxable income S 9.875 $ 40,125 5987 50 plus 12% of the excess over $9875 $ 40,125 $ 85.525 $4.617 50 plus 229 of the excess over $40.125 $ 85.525 S163 300 $14,605 50 plus 249 of the excess over $85 525 $163.300 $207,350 533 271.50 plus 325 of the excess over S163.300 $207350 $518.400 547,367 50 plus 35% of the excess over $207350 $518.400 $156,235 plus 37% of the excess over $518.400 Schedule Y-1. Married Filing Jointly or Qualifying Widower) If taxable income is over: But not over The tax is: $ 0 $ 19,750 10% of taxable income $ 19,750 $ 80.250 S1975 plus 12% of the excess over $19.750 $ 80,250 $171.050 $9,235 plus 22% of the excess over $80250 $171.050 $326,600 $29.211 plus 249 of the excess over $171 050 $326.600 $414,700 $66 543 plus 32% of the excess over $326,500 $414,700 $622,050 $94.735 plus 35% of the excess Over $414,700 $622.050 $167 307 50 plus 37% of the excess over $622.050 Schedule Z-Head of Household Ir taxable income is over: But not over S 0 $ 14,100 $ 14,100 $ 53,700 S $3.700 $ 85,500 $ 85,500 $163,300 $163,300 $207 350 $207,350 $518.400 5518.400 The tax is: 10% of taxable income S1 410 plus 125 of the excess over $14.100 $6.162 plus 22% of the excess over $53,700 $13.158 plus 24% of the excess over $85.500 $31.830 plus 32 of the etes Over $163 300 S45926 plus 35% of the excess over $207 350 $154.793 50 plus 37% of the excess over $518.400 Schedule Y-2. Married Filing Separately Ir taxable income is over: But not over: The tax is: $ 0 $ 9.875 10% of taxable income $ 9.875 $ 40,125 5987 50 plus 125 of the excess over $9.875 $ 40,125 $ 85.525 $4,617 50 plus 22% of the excess over $40.125 $ 85.525 $163 300 $14.605 50 plus 249 of the excess over $85 525 S163 300 $207 350 $33 271 50 plus 32% of the excess over $163 300 $207,350 $311025 $47367 50 plus 35% of the excess over $207 350 $311025 583.653.75 plus 375 of the excess over $311.025