Question: Marc, a single taxpayer, earns $ 6 0 , 8 0 0 in taxable income and $ 5 , 0 8 0 in interest from

Marc, a single taxpayer, earns $60,800 in taxable income and $5,080 in interest from an investment in city of Birmingham bonds. Using the U.S. tax rate schedule for year 2023, what is his effective tax rate? (Use tax rate schedule.)
Note: Round your final answer to two decimal places.
Multiple Choice
22.09 percent
13.18 percent
15.08 percent
10.71 percent
None of the choices are correct.

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