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Manny, a single taxpayer, earns $165,000 per year in taxable income and an additional $17,000...

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Question

Accounting

Manny, a single taxpayer, earns $165,000 per year in taxable income and an additional $17,000 per year in city of Boston bonds.

What is Manny's current marginal tax rate for 2019? (Use Tax rate schedule)

Multiple Choice

  • 24.82 percent

  • 32 percent

  • 20.55 percent

  • 22.34 percent

  • 22.34 percent

Answer & Explanation Solved by verified expert
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