Marc, a single taxpayer, earns $294,500 in taxable income and $9,050 in interest from an investment in city of Birmingham bonds. Using the U.S. tax rate schedule for year 2020, what is his current marginal tax rate?(Use tax rate schedule.)

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The Answer of Marc, a single taxpayer, earns $294,500 in taxable income and $9,050 in interest from an investment in city of Birmingham bonds. Using the U.S. tax rate schedule for year 2020, what is his current marginal tax rate?(Use tax rate schedule.)

Marc, a Single Taxpayer, Earns $294,500 in Taxable Income and $9,050