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What would be their average tax rate

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Question - Leonardo, who is married but files separately, earns $160,000 of taxable income. He also has $14,000 in city of Tulsa bonds. His wife, Theresa, earns $78,000 of taxable income.

If Leonardo and his wife file married filing jointly in 2019, what would be their average tax rate? (Use tax rate schedule).

Reference no: EM132489881

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