5. Given the 2020 tax brackets shown at the right, what would Hayden pay in federal income taxes if his gross income was $58,200, he filed as a single person and took the standard deduction, and he contributed $2400 to a tax-deferred retirement account? Rate Single Head of Household 10% $9,875 $14,100 Married Filing Jointly $19,750 12% $40,125 $53,700 $80,250 22% $85,525 $85,500 $171,050 24% $163,300 $163,300 $326,600 32% $207,350 $207,350 $414,700 35% $518,400 $510,300 $622,050 Standard $12,400 $18,650 $24,800 Deduction