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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.
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: $62,000 Adjustments: none Deductions: $3049 state taxes $4000 theft loss Tax credit: $1000 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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