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orge and Anita, married taxpayers, earn $150 , 000 in taxable income and $40 , 000 in interest from an investment in City of Heflin

orge and Anita, married taxpayers, earn $150 , 000 in taxable income and $40 , 000 in interest from an investment in City of Heflin ponds. Using the U.S. tax rate schedule for married filing jointly, how much federal tax will they owe? What is their average tax rate? What is their effective tax rate? What is their current marginal tax rate? Note: Round your answers to 2 decimal places. Answer is complete but not entirely correct

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