6. What is the tax owed for a married couple filing jointly with a taxable income of $312,000? up to $9275 up to $9275 Use the 2016 Marginal Tax Rates to answer questions 5 & 6 Married Filing Married Head of Tax Rate Single Separately Filing Jointly Household 10% up to $18.550 up to $13.250 15% $9276 to $37,650 $9276 to $37,650 $18,551 to $75.300 $13,251 to $50,400 25% $37,651 to $91,150 - $37,651 to $75.950 $75,301 to $151.900 S$0,401 to $130,150 28% $91,151 to $190.150 $75.951 to $115,725 $151.901 to $231,450 $130,151 to $210.800 33% $190,151 to $413,350 $115,726 to $206,675 $231,451 to $413,350 $210,801 to $413,350 35% $413,351 to $415,050 $206,676 to $233.475 $413,351 to $466,950 $413,351 to $441,000 39.6% more than $415.050 more than $233.475 more than $466,950 more than $441,000 Standard Deduction $6300 $6300 $12,600 $9300 Exemptions (per person) $4050 $4050 $4050 $4050