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For the person below, calculate the FICA tax and income tax to obtain the total tax owed. Then find the overall tax rate on the

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For the person below, calculate the FICA tax and income tax to obtain the total tax owed. Then find the overall tax rate on the gross income, including both FICA and income tax. Assume that Tax Rate Single the individual is single and takes the standard deduction. 10% up to $9325 15% up to $37,950 A woman earned $23,000 from wages. 25% up to $91,900 28% up to $191,650 33% up to $416,700 35% up to $418,400 39.6% above $418,400 Standard deduction $6350 Exemption $4050 per person) Let FICA tax rates be 7.65% on the first $127,200 of income from wages, and 1.45% on any income from wages in excess of $127,200. Her FICA tax is $. (Round up to the nearest dollar.)

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