Homework: 8.2 hw (8.1B in old book) Sa Score: 0 of 1 pt 1 of 5 (1 complete) HW Score: 0%, 0 of 5 X 8.2.15 Question Help 2016 Marginal Tax Rates Use the 2016 marginal tax rates to compute the income tax owed by the following person. Single male, no dependents. Gross income:$88.000 Adjustments:$3000 Deductions:$33,000 mortgage interest $4574 property taxes $1000 charitable contributions Tax credit:none Click the icon to view the 2016 marginal tax rates. The income tax owed is $ (Type an integer or a decimal. Round to the nearest cent as needed.) Tax Rate 10% % 15% 25% 28% 33% 35% 39.6% Standard Deduction Exemptions (per person) 2016 Marginal Tax Rates, Standard Deductions, and Exemptions Unmarried, divorced, Married and each partner Married and both Unmarried and paying or legally separated files a separate tax return partners file a single more than half the cost tax return of supporting a child or parent Single Married Filing Separately Married Filing Jointly Head of Household up to 59275 up to 99275 up to $18,550 up to $13,250 59276 to $37,650 $9276 to $37,650 S18,551 to $75,300 $13.251 to $50,400 $37,651 to $91,150 $37,651 to $75,950 $75,301 to $151,900 $50,401 to $130,150 591,151 to $190.150 $75,951 to $115.725 5151.901 to $231,450 $130,151 to $210,800 S190 151 to $412,350 $115,726 to $206.675 S231,451 to $413,350 $210,801 to $413,350 $413,351 to $415,050 $206.676 to $233,475 S413,351 to $466,950 $413,351 to $441,000 more than $415,050 more than $233,475 more than $466,950 more than $441.000 S6300 $6300 S12,600 $9300 $4050 $4050 $4050 $4050 Print Done