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2021 Tax Rate Schedules Individuals Srherlule X_Sinole Schedule Y-1-Married Filing .Tointlv or Oualifving Widnw(er) Jorge and Anita, married taxpayers, earn $158,500 in taxable income and

image text in transcribedimage text in transcribed 2021 Tax Rate Schedules Individuals Srherlule X_Sinole Schedule Y-1-Married Filing .Tointlv or Oualifving Widnw(er) Jorge and Anita, married taxpayers, earn $158,500 in taxable income and $48,500 in interest from an investment in City of Heflin bonds. (Use the U.S. for married filing jointly). Required: a. If Jorge and Anita earn an additional $108,500 of taxable income, what is their marginal tax rate on this income? b. What is their marginal rate if, instead, they report an additional $108,500 in deductions? (For all requirements, do not round intermediate calculations. Round your answers to 2 decimal places.)

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