manny a single taxpayer earns $69,800 per year in taxable income and an additional $12,480 per year in city of boston bonds. if manny earns an additional $40,000 in taxable income in 2020 what is his marginal tax rate on his income?

2020 Tax Rate Schedules Individuals Schedule X-Single If taxable income is over:But not over: The tax is: $ 0 $ 9.875 10% of taxable income $ 9,875 $ 40,125 $987.50 plus 12% 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 24% of the excess over $85,525 $163,300 $207,350 $33,271.50 plus 32% of the excess over $163,300 $207,350 $518,400 $47 367 50 plus 35% of the excess over $207 350 $518.400 $156,235 plus 37% of the excess over $518,400 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income is over: But not over: The tax is: 0 $ 19.750 10% of taxable income S 19,750 S 80,250 $1.975 plus 12% of the excess over $19.750 S 80,250 $171.050 159.235 plus 22% of the excess over $80,250 $171,050 $326,600 $29.211 plus 24o of the excess over $171.050 $326,600 $414,700 $66,543 plus 320 of the excess over $336,600 $414,700 $622,050 $94.735 plus 350 of the excess over SH1.700 $622050 $167|307150 plus 3.790 of the excess over $622,050