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Table 4.9 2017 Marginal Tax Rates, Standard Deductions, and Exemptions Tax Rate Single Married Filing Jointly Married Filing Separately Head of Household up to $13,350

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Table 4.9 2017 Marginal Tax Rates, Standard Deductions, and Exemptions Tax Rate Single Married Filing Jointly Married Filing Separately Head of Household up to $13,350 10% up to $9325 up to $18,650 up to $9025 up to $50.800 15% up to $37.950 up to $37.950 up to $75.900 up to $78,550 up to $131,200 25% up to $91,900 up to $153.100 up to $212.500 28 up to $191,850 up to $116.675 up to $233.350 up to $416,700 33% up to $416.700 up to $416.700 up to $200.350 35% up to $418.400 up to $470.700 up to $235.350 up to $444,550 above $470,700 above $410,400 above $235.350 above $444,550 396 56350 $12.700 $9350 Standard deduction $6350 $4050 $4050 $4050 Exemption per person $4050 Martha anat mrimumtax AMT the facts many middle and high 2) It is time to do your taxes, so you gather all the information that might be useful and you summarize it as follows: Filing status: Single Dependents: Yourself Adjustments : $2,400 I Tax credits : $1,000 Itemized deduction amount: $9,000 Gross income : $110,000 Amount withheld: $25,000 Based on this information on page 264 (table), what is your: a) adjusted gross income? b) total taxable income? c) total tax from table? I d) return amount / owed amount? (Please circle one and indicate its amount)

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