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Question 14 3 pts Use the table to calculate the tax owed. Round your answer to the nearest cent. TABLE 8.1 2016 Marginal Tax Rates,

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Question 14 3 pts Use the table to calculate the tax owed. Round your answer to the nearest cent. TABLE 8.1 2016 Marginal Tax Rates, Standard Deductions, and Exemptions Unmarried Married and Bath divorced, or partner files legally separated separate tax return Married and both Partners file single tax return Umarried and paying There than half the cost of Supporting a child or parent Married Filing Separately Tax Rate 10% up to $9275 15% 25% 28% Single up to $9275 $9276 to $37,650 $37,651 to $91,150 $91,151 to $190,150 $190,151 to $413.350 $413,351 to $415,050 more than $415,050 $9276 to $37,650 $37,651 to $75,950 $75,951 to $115,725 $115.726 to $206,675 $206,676 to $233,475 more than $233.475 Married Filing Jointly up to $18,550 $18,551 to $75,300 $75,301 to $151,900 $151.901 to $231.450 $231,451 to $413,350 $413,351 to $466,950 more than $466,950 Head of Household up to $13,250 $13,251 to $50,400 $50,401 to $130,150 $130,151 to $210.800 $210,801 to $413,350 $413,351 to $441,000 more than $441,000 33% 35% 39.6% Standard Deduction Exemptions (per person) $6300 $6300 $12,600 $9300 $4050 $4050 $4050 $4050 A head of household with a taxable income of $71,000 and a $4500 tax credit

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