Miley, a single taxpayer, plans on reporting $32,825 of taxable income this year (all of her income is from a part-time job. She is considering applying for a second part time job that would give her an additional $11.700 of taxable income. By how much will the income from the second job increase her tax liability? (Use the tax rate schedules Multiple Choice 51,844 O 51,170 O $4404 $1.94 2020 Tax Rate Schedules Individuals Schedule X-Single If taxable income is over: But not over: The tax is: $ 0 $ 9.875 10% of taxable income $ 9.875 $ 40,125 $987 50 plus 12% of the excess over $9.875 $ 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 $ 163,300 $207,350 $33,271.50 plus 32% of the excess over $163,300 $207,350 $518.400 $47.367 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 $ 80,250 $171.050 59.235 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 $622,050 $94.735 plus 35% of the excess over $414,700 $622,050 $167 307 50 plus 37% of the excess over $622,050 Schedule Z-Head of Household If taxable income is over: But not over: $ 0 $ 14,100 $ 14,100 $ 53,700 $ 53,700 $ 85,500 $ 85,500 $163,300 $163,300 $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 $6,162 plus 22% of the excess over $53,700 $13,158 plus 24% of the excess over $85 500 $31,830 plus 32% of the excess over $163,300 $45,926 plus 35% of the excess over $207,350 $154,793.50 plus 37% of the excess over $518,400 Schedule Y-2-Married Filing Separately If taxable income is over: But not over: The tax is: $ 0 $ 9.875 10% of taxable income $ 9.875 $ 40,125 $987 50 plus 12% of the excess over $9.875 $ 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 $163,300 $207,350 $33,271 50 plus 32% of the excess over $163,300 $207,350 $311,025 $47367 50 plus 35% of the excess over $207 350 $311,025 $83,653.75 plus 37% of the excess over $311,025