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Use the 2016 marginal tax rates to compute the income tax owed by the following person. Single male, no dependents. Gross income:$86,000 Adjustments: $1000 Deductions:

Use the 2016 marginal tax rates to compute the income tax owed by the following person. Single male, no dependents. Gross income:$86,000 Adjustments: $1000 Deductions: $26,000 mortgage interest $4816 property taxes $3000 charitable contributions Tax credit:none Click the icon to view the 2016 marginal tax rates. The income tax owed is $ (Type an integer or a decimal. Round to the nearest cent as needed.)
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Use the 2016 marginal tax rates to compute the income tax owed by the following person. Single male, no dependents. Gross income: $86,000 Adjustments: $1000 Deductions: $26,000 mortgage interest $4816 property taxes $3000 charitable contributions Tax credit none Click the icon to view the 2016 marginal tax rates. The income tax owed is $ (Type an integer or a decimal. Round to the nearest cent as needed.)

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