Use the 2020 tax information below to answer these questions. Tax Rates Rate Single 10% 12% 22% 24% 32% 35% 37% $0-$9,875 $9,875 $40,125 $40,125 $85,525 $85,525 $163,300 $163,300 $207,350 $207,350 $518,400 $518,400 or more Married Filing Jointly $0 $19,750 $19,750 $80,250 - $80,250 $171,050 $171,050 $326,600 $326,600 $414,700 $414,700 $622,050 $622,050 or more Standard Deductions Single Married Filing Jointly $12,400 $24,800 The Carters are a married couple with no children who are filing jointly. They have a combined gross income of $178,000. They also have the following adjustments and deductions. Adjustments: $2600 for contributions to a health saving account Deductions: $9500 in property tax $7000 in mortgage interest $3250 in charitable contributions wer to the nearest cent. Find the Carters' adjusted gross income. Round your answer to the nearest cent. $ Will the Carters use the standard deduction or itemized deductions? OItemized Standard Find the Carters' taxable income. Round your answer to the nearest cent. Compute the Carters' tax owed. Rour your answer to the nearest cent. $ Suppose their combined W-2 say that the Carters paid $25,454.00 in taxes in 2020. Are the Carters due a refund, or do they owe additional taxes? Owes Taxes Refund Due Calculate the taxes owed or refund. $ (Round to the nearest cent) Owes Taxes Refund Due Calculate the taxes owed or refund. $ (Round to the nearest cent) The Carters' taxable income fell into the 22% marginal tax bracket. What percent of their gross household income did they pay in taxes? Answer as a percent, rounded to one decimal place