Question: help ! please explain Marc, a single taxpayer, earns $62,600 in taxable income and $5,260 in interest from an investment in city of Birmingham bonds.

help ! please explain Marc, a single taxpayer, earns $62,600 in

taxable income and $5,260 in interest from an investment in city of

help ! please explain

Marc, a single taxpayer, earns $62,600 in taxable income and $5,260 in interest from an investment in city of Birmingham bonds. Using the U.S. tax rate schedule for 2022. what is his average tax rate? (Use tax rate schedule.) Note: Round your final answer to two decimal places. Multiple Choice 15.00 percent 1250 percent 1162 percent 2200 percent 2022 Tax Rate Schedules Individuals

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