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Richard and Sylvia are married taxpayers filing jointly and have a 2020 taxable income of $271,050. They also received $20,000 of tax-exempt income. Their marginal

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Richard and Sylvia are married taxpayers filing jointly and have a 2020 taxable income of $271,050. They also received $20,000 of tax-exempt income. Their marginal tax rate is: 22.0%. 32.0%. 19.6%. O O O 24.0%. 18.3%

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