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Use the 2016 marginal tax rates to compute the income tax owed by the following person. Unmarried head of household with two dependent children Gross

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Use the 2016 marginal tax rates to compute the income tax owed by the following person. Unmarried head of household with two dependent children Gross income: $60,000 Adjustments none Deductions $4762 state taxes $2000 theft loss Tax credit $2000 2016 Marginal Tax Rates 2016 Marginal Tax Rates, Standard Deductions, and Exemptions Unmarried, divorced, Married and each partner Married and both Unmarried and paying or legally separated files a separate tax return partners file a single more than half the cost tax return of supporting a child Head of Household up to $13,250 or parent Tax Rate 10% 15% 25% 28% 0% 35% 396% Single Married Filing Separately up to $9275 $1276 to S37650 S37651 to S75950 $75951 to S115.725 $115,726 to S206.675 $206676 to S233475 more than S233475 $6300 Married Filing Jointly upto $9275 S9276 to S37550 S37.651 to$91,150 $91,151 to S190.150 $190,151 to $413,350 S413351 to S415050 more than $415 050 $6300 up to $18,550 $18,551 to $75,300 $13,251 to $50,400 575,301 to $151,900 $50,401 to $130,150 S151.901toS2014S05130,Stop0800 $231.451 to $413,350 S413351 to S466950S413351 to S441.000 more han $466950 $210,801 to $413,350 more than S441.000 $9300 $4050 Standard $12.600 Exemptions (per $4050 person) $4050 $4050 8.3 HW 1- 40 of 40

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