Use the 2021 marginal tax rates to compute the income tax owed by the following person.

Filing status: head of household

Gross income: $71,000

Adjustments: none

Deductions: $4500 state taxes

$2000 theft loss

Tax credit: $5000

The income tax owed is $_____.

(Type an integer or a decimal. Round to the nearest cent as needed.)

2021 Marginal Tax Rates 2021 Marginal Tax Rates