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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: $94,000 Adjustments: $3000
Use the 2016 marginal tax rates to compute the income tax owed by the following person. Single male, no dependents. Gross income: $94,000 Adjustments: $3000 Deductions: $32,000 mortgage interest $4670 property taxes $4000 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.) 2016 Marginal Tax Rates, Standard Deductions, and Exemptions
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