4 1 0 3. SINGLE TAX RATES SCHEDULE FOR 2020 TAX SEASON IS GIVEN AS FOLLOWS: if Taxable income is over But not over The Tax is: $ $ 9,875 10% of taxable $ 9875 $ 40,125 $987.50 + 12 % of excess of $9,875 $40,125 $85,525 $4,617.50 +22% of excess of $40,125. Required: Compute the Tax Liability for Rose who had adjusted gross income of $65,000 in 2020