Leonardo, Who Is Married but Files Separately, Earns $72,000 of Taxable

question 129

Multiple Choice

Leonardo, who is married but files separately, earns $72,000 of taxable income. He also has $20,000 in city of Tulsa bonds. His wife, Theresa, earns $55,000 of taxable income. If Leonardo and his wife file married filing jointly in 2020, what would be their average tax rate?(Use tax rate schedule.) (Round your final answer to two decimal places.)

• A)12.00 percent
• B)22.00 percent
• C)15.37 percent
• D)22.42 percent
• E)None of the choices are correct

---

Definitions:

Chancre

A painless ulcer, typically the first sign of syphilis.

Syphilis

A bacterial infection usually spread by sexual contact, marked by sores and rashes.

Cunnilingus

A sexual act involving the stimulation of the female genitals using the mouth or tongue.

Menstruating

The monthly process in which the lining of the uterus is shed through the vagina, a natural part of the female reproductive cycle.