2. 2021 Tax Rate Schedules Schedule X-Single ir taxable income il ner Battever. The ta s 5995 10 of me 39950 380383 Sidplus 128 of the Cenover 99,90 40.525 385.375 Hplus 225 LES VS10525 SMS 5164533 594.751 32 the CRCERS ONCE 373 $164.925 $ 209,435 533.603 plus 3% of the scret $164.925 5522 SCD 57.1 13% of the GAS W202,433 5 SINO SIST8042Sps37 of the econo 5523.500 Schedule Y-1. Married in July Own Wider) IT taxable income one or The taxes 5 0 $ 19.900 $19,50 3 8100 51.0 plus 12 the ERC $19.00 $31050 5.172.750 59.338 plus 22% of its over 150 5172,750 $393350 532.500 per of the CRUCES172730 SMO 5418.550 567 306 plus 323 of the server $29.50 $4150 5602.300 39.66 136 of the ROW S418.130 S600 516892350 plus 375 of the new e 3423.300 Skledale Head of Hold I taxable income is over over The ta O 3140 mm 310200 334 310 plus of the cover $14.00 SMO 336.380 46330 plus 32 of the over 35.4.200 6550 5 1045 5. plass GENS OVER 50 $164.900 5208ADO 532.145 plus 39 of the excess over $164.900 50 S5300 S plus 13 of the RSS 2.019,480 5523 5156.395 398 the choen Over 23.6% Swe-1-Mail OW Ir tare include Testasi 1900 10. $ 19,00 5310 311 de ces over 519900 S150 3.172.750 32235 220 th Mo 3172.750 5309350529300 plus 245 of the newer 5172.750 $329330 54ERSO 507.30 plus 32% of the excesser $19.850 346 36 piece the server 500 Schedule 2 Head of Household taxable income cas 3 100 31436 354 31. der SO 586.380 5.20 23 de setewer 55420 SI 5154300 $13.20 plus 205 386.890 S1600 $219.40 $12.145 plus 335 deres ver $164.900 309 400 $323.00 S35 S3,00 352.00 SESSION 2 Schedule Y-3-Marie Filing Separately Lasseblicis mer Baller The taxi 5950 3958 Speles de ce 990 $25 54.364 225 excenever $40.3.3 $75 3154323 314-312 88375 S 23. the 164323 $425 33130 314150 Check my work Chuck, a single taxpayer, earns $75,000 in taxable income and $10,000 in interest from an investment in City of Heflin bonds. (Use the U.S. tax rate schedule.) Required: a. If Chuck earns an additional $40,000 of taxable income, what is his marginal tax rate on this income? b. What is his marginal rate if, instead, he had $40,000 of additional deductions? (For all requirements, do not round intermediate calculations. Round percentage answers to 2 decimal places.) a. Marginal tax rate b. Marginal tax rate 24.00% 12.00% 2021 Tax Rate Schedules Individuals Schedule X-Single If taxable income is over: But not over: The tax is: $ 0 $ 9,950 10% of taxable income $ 9,950 $ 40,525 $995 plus 12% of the excess over $9.950 $ 40,525 $ 86,375 $4,664 plus 22% of the excess over $40,525 $ 86,375 $ 164,925 $14,751 plus 24% of the excess over $86,375 $ 164,925 $ 209,425 $33,603 plus 32% of the excess over $164.925 $ 209,425 $ 523,600 $47,843 plus 35% of the excess over $209,425 $ 523,600 $157,804.25 plus 37% of the excess over $523,600 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income is over: But not over: The tax is: $ 0 $ 19,900 10% of taxable income $ 19,900 $ 81,050 $1,990 plus 12% of the excess over $19,900 $ 81,050 $ 172,750 $9,328 plus 22% of the excess over $81,050 $ 172,750 $ 329,850 $29,502 plus 24% of the excess over $172,750 $ 329,850 $ 418,850 $67,206 plus 32% of the excess over $329,850 $ 418,850 $ 628,300 $95,686 plus 35% of the excess over $418,850 O OF ca