Use the 2021 marginal tax rates to compute the income tax owed Filing status: single Gross income: $86,000 Adjustments: $9000 Deductions: $11,500 mortgage interest Tax credit none Click the icon to view the 2021 marginal tax rates. $4200 property taxes $3000 charitable contributions The income tax owed is $ (Type an integer or a decimal. Round to the nearest cent as needed.) 2021 Marginal Tax Rates Unmarried, divorced, or legally separated Tax Rate 10% 12% 22% 24% 32% 35% 37% Standard Deduction $12,550 Single up to $9950 $9951 to $40,525 $40,526 to $ $86,375 $86,376 to $164,925 $164,926 to $209,425 $209,426 to $523,600 more than $523,600 the following person. 2021 Marginal Tax Rates and Standard Deductions Married and each Married and both partner files a partners file a separate tax retum Married Filing Separately single tax return Married Filing Jointly up to $9950 $9951 to $40,525 $40,526 to $86,375 $86,376 to $164,925 $164,926 to $209,425 $209,426 to $314,150 more than $314,150 up to $19,900 $19,901 to $81,050 $81,051 to $172,750 $172,751 to $329,850 $329,851 to $418,850 $418,851 to $628,300 more than $628,300 $12,550 $25,100 A Unmarried and paying more than half the cost of supporting a child or parent Head of Household up to $14,200 $14,201 to $54,200 $54,201 to $86,350 $86,351 to $164,900 $164,901 to $209,400 $209,401 to $523,600 more than $523,600 $18,800

Use the 2021 marginal tax rates to compute the income lax owed by the following person. Filing status single Gross income: $86,000 Adjustments $9000 Deductions: $11,500 mortgage interest $4200 property taxes $3000 charitable contributions Tax credit none Click the icon to view the 2021 marginal tax rates. The income tax owed is $ (Iype an integer or a decimal Round to the nearest cent as needed) 2021 Marginal Tax Rates