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Marc,a Single Taxpayer,earns $60,000 in Taxable Income and $5,000 in Interest

Question 82

Multiple Choice

Marc,a single taxpayer,earns $60,000 in taxable income and $5,000 in interest from an investment in city of Birmingham Bonds.Using the U.S.tax rate schedule for year 2018,how much federal tax will he owe? (Use tax rate schedule)


A) $13,200.00
B) $10,239.50
C) $9,139.50
D) $4,453.50
E) None of the choices are correct

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