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Marc, a single taxpayer, earns $120,000 in taxable income and $2,800 in interest from an investment in city of Birmingham Bonds. Using the U.S. tax
Marc, a single taxpayer, earns $120,000 in taxable income and $2,800 in interest from an investment in city of Birmingham Bonds. Using the U.S. tax rate schedule for year 2018, how much federal tax will he owe?
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$27,150.00
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$24,189.50
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$23,089.50
- $20,403.50
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None of the choices are correct.
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