Leonardo, Who Is Married but Files Separately, Earns $80,000 of Taxable

Multiple Choice

Leonardo, who is married but files separately, earns $80,000 of taxable income.He also has $15,000 in city of Tulsa bonds.His wife, Theresa, earns $50,000 of taxable income. If Leonardo and his wife file married filing jointly in 2019, what would be their average tax rate (rounded) ? (Use tax rate schedule.)

A) 12.00 percent
B) 22.00 percent
C) 15.63 percent
D) 18.70 percent
E) None of the choices are correct