Use the 2016 marginal tax rates to compute the income tax owed by the following person. Single male, no dependents. Gross$98,000 income: Adjustments: $1000 Deductions:$34,000 mortgage interest $4574 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.) 2016 marginal tax rates 2016 Marginal Tax Rates, Standard Deductions, and Exemptions Unmarried, Married and each Married and both Unmarried and divorced, or partner files a partners file a paying more than legally separated separate tax return single tax return half the cost of supporting a child or parent Tax Rate Single Married Filing Married Filing Head of Household Separately Jointly 10% up to $9275 up to $9275 up to $18,550 up to $13,250 15% $9276 to $37,650 $9276 to $37,650 $18,551 to $75,300 $13,251 to $50,400 25% $37,651 to $91,150 $37,651 to $75,950 $75,301 to $50,401 to $130,150 $151,900 28% $91,151 to $75,951 to $115,725 $151,901 to $130,151 to $190,150 $231,450 $210,800 33% $190,151 to $115,726 to $206,675 $231,451 to $210,801 to $413,350 $413,350 $413,350 35% $413,351 to $206,676 to $233,475 $413,351 to $413,351 to $415,050 $466,950 $441,000 39.6% more than $415,050 more than $233,475 more than $466,950 more than $441,000 Standard $6300 $6300 $12,600 $9300 Deduction Exemptions $4050 $4050 $4050 $4050 (per person) Print Done