Jorge and Anita, married taxpayers, earn $140.500 in taxable income and $46,000 in interest from an investment in City of Heflin bonds. (Use the U.S. tax rate schedule for married filing jointly). Required: a. If Jorge and Anita earn an additional $103.000 of taxable income, what is their marginal tax rate on this income? b. What is their marginal rate if. Instead, they report an additional $103,000 in deductions? (For all requirements, do not round intermediate calculations. Round your answers to 2 decimal places.) nces 8 % Marginal tax rate Marginal tax rate b 9 Individuals Schedule X-Single If taxable income is over: But not over: The tax is: S 0 $ 9,875 10% of taxable income $ 9,875 $ 40,125 $987.50 plus 12% of the excess over $9,875 S 40,125 $ 85,525 $4,617.50 plus 22% of the excess over $40,125 $ 85,525 $163,300 $14,605.50 plus 24% of the excess over $85,525 S163,300 $207,350 $33,271.50 plus 32% of the excess over $163,300 $207,350 $518,400 S47,367.50 plus 35% of the excess over $207,350 $518,400 $156,235 plus 37% of the excess over $518,400 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income is over: But not over: The tax is: S 0 $ 19,750 10% of taxable income $ 19,750 $ 80,250 $1.975 plus 12% of the excess over $19.750 S 80,250 $171,050 $9,235 plus 22% of the excess over $80,250 $171,050 $326,600 $29.211 plus 24% of the excess over $171,050 $326,600 $414,700 $66,543 plus 32% of the excess over $326,600 $414,700 S622.050 $94.735 plus 35% of the excess over $414,700 $622,050 S167,307.50 plus 37% of the excess over $622,050 Schedule 2 Head of Household If taxable income is over: But not over: s 0 $ 14.100 S 14.100 $ 53,700 S 53,700 S 85.500 S 85.500 $163,300 S163.300 $207,350 $207,350 $518,400 $518,400 The tax is: 10% of taxable income $1.410 plus 12% of the excess over $14,100 S6,162 plus 22% of the excess over S53.700 $13,158 plus 24% of the excess over $85,500 $31.830 plus 32% of the excess over S163,300 S45.926 plus 35% of the excess over $207,350 $154,793.50 plus 37% of the excess over $518,400