Leonardo, who is married but files separately, earns $100,000 of taxable income. He also has $9,500...

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Leonardo, who is married but files separately, earns $100,000 of taxable income. He also has $9,500...

Leonardo, who is married but files separately, earns $100,000 of taxable income. He also has $9,500 in city of Tulsa bonds. His wife, Theresa, earns $39,000 of taxable income.

If Leonardo earned an additional $31,000 of taxable income this year, what would be the marginal tax rate on the extra income for 2019? (Use tax rate schedules)

		24.00 percent
		19.09 percent
		24.28 percent
		None of the choices are correct
		22.28 percent

business accounting

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Answer 1

Answer #1

Leonardo is married but fillong the ancome tax separately The total income earned by him = $ 109000+ $9500+$31000 = $190.500

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Answer 2

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