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Leonardo Earns $80,000 of Taxable Income

Question 43

Multiple Choice

Leonardo 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 Susie earns $750,000 in taxable income, how much tax will she pay as a single taxpayer for year 2016?


A) $242.666.30
B) $252,500.00
C) $253,169.95
D) $269,833.15
E) None of these

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