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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 the individualis single and takes the standard Tax Rate deduction 10% 15% Amaneamed a salary of $25,000 and received S1050 in interest 25% 28% 33% 35% 59.0% Standard deduction Exemption Xper person) LUL FICA Patos be 7.06% on the first 5127.200 of income from wag, and 148% on any income from wages in excess of $127.,200. His total FICA taxis (Round up to the nearest dollar) His income tax is 5 (Round up to the nearest dollar) His total tax owed is 5 (Round up to the nearest door) His overal tax rate is 1% (Round to one decimal place as needed.) Single up to $8326 up to $37.950 up to $91,800 up to $191,6501 up to $416,700 up to $418.400 above 418,400 56350 34060

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