Question: Marc, a single taxpayer, earns $ 6 2 , 0 0 0 in taxable income and $ 5 , 2 0 0 in interest from

Marc, a single taxpayer, earns $62,000 in taxable income and $5,200 in interest from an investment in city of Birmingham bonds. Using the U.S. tax rate schedule for 2023, what is his average tax rate? (Use tax rate schedule.)
Note: Round your final answer to two decimal places.
Multiple Choice
14.43 percent
11.75 percent
11.52 percent
22.00 percent
None of the choices are correct.

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