Last year (2019), where the standard deduction for a single personal was $ 12,000. Lauren grossed $ 175,000 as a stockbroker on Wall Street. ( Choose all that apply)

a. Determine how much he owes in federal taxes when he files on this year. (You should base this on last year's federal tax schedule, which you will need to find online.)

b. How much would he save in federal taxes if he made the following pre-tax deductions: $1560 for transit passes, $17,800 in retirement contributions to his 401(k), and $2550 into his health FSA.

Individual Taxpayers If Taxable Income Is Between: The Tax Due Is: 0 - $9,525 10% of taxable income $9,526 - $38,700 $952.50 + 12% of the amount over $9,525 $38,701 - $82,500 $4,453.50 + 22% of the amount over $38,700 $82,501 - $157,500 $14,089.50 + 24% of the amount over $82,500 $157,501 - $200,000 $32,089.50 + 32% of the amount over $157,500 $200,001 - $500,000 $45,689.50 + 35% of the amount over $200,000 $500,001+ $150,689.50 + 37% of the amount over $500,000 A. Federal taxes with no deductions: $ 33, 849.50 O B. Hence, Lauren saves a total of $ 2818.40 in federal taxes when he makes these pre-tax deductions. C. Federal taxes with no pre-tax deductions: $ 31,031.10 D. Federal taxes with deductions: $ 31,031.10 E. Hence, Lauren saves a total of $ 3818.40 in federal taxes when he makes these pre-tax deductions