Use 2018 federal income tax brackets and rates in Table 3.3 to answer each of the following questions. 1. Victor calculated his 2018 taxable income to be $49 450. How much federal income tax should he report? Table 3.3 2018 Federal Income Tax Brackets and Tax Rates (OS. A. Hummelbrunner) Taxable Income (income tax brackets) $46 605 or less Over $46 605 up to $93 208 Over $93 208 up to $144 489 Over $144 489 up to $205 842 Over $205 842 Tax Rates 15% of taxable income less than or equal to $46 605; plus 20.5% of taxable income greater than $46 605 and less than or equal to $93 208; plus 26% of taxable income greater than $93 208 and less than or equal to $144 489, plus 29% of taxable income greater than $144 489 and less than or equal to $205 842; plus 33% of taxable income greater than $205 842