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Manny,a Single Taxpayer,earns $65,000 Per Year in Taxable Income and an Additional

Question 110

Multiple Choice

Manny,a single taxpayer,earns $65,000 per year in taxable income and an additional $12,000 per year in city of Boston bonds.What is Manny's current marginal tax rate for year 2018? (Use tax rate schedule)


A) 15.75%
B) 24.00%
C) 13.30%
D) 11.41%
E) None of the choices are correct.

Correct Answer:

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