Leonardo, who is married but files separately, earns $70,000 of taxable income. He also has $19,200 in city of Tulsa bonds. His wife, Theresa, earns $54,200 of taxable income. How much money would Leonardo and Theresa save if they file jointly instead of separately for 2021?
a. 25.00%
b. None of these
c. 27.75%
d. 17.50%
e. 28.00%
Answers: 1
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Leonardo, who is married but files separately, earns $70,000 of taxable income. He also has $19,200...
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