Use the 2021 marginal tax rates to compute the tax owed by the following individual. married filing separately with a taxable income of $103,000 Click the icon to view the 2021 marginal tax rates. The tax owed is $ (Type an integer or a decimal. Round to the nearest cent as needed.) 2021 Marginal Tax Rates and Standard Deductions \begin{tabular}{|l|c|c|c|c|} \hline & Unmarried, divorced, or legally separated & Married and each partner files a separate tax return & Married and both partners file a single tax retur & Unmarried and paying more than half the cost of supporting a child or parent \\ \hline Tax Rate & \multicolumn{1}{|c|}{ Single } & Married Filing Separately & Married Filing Jointly & Household \\ \hline 10% & up to $9950 & up to $9950 & up to $19,900 & up to $14,200 \\ \hline 12% & $9951 to $40,525 & $9951 to $40,525 & $19,901 to $81,050 & $14,201 to $54,200 \\ \hline 22% & $40,526 to $86,375 & $40,526 to $86,375 & $81,051 to $172,750 & $54,201 to $86,350 \\ \hline 24% & $86,376 to $164,925 & $86,376 to $164,925 & $172,751 to $329,850 & $86,351 to $164,900 \\ \hline 32% & $164,926 to $209,425 & $164,926 to $209,425 & $329,851 to $418,850 & $164,901 to $209,400 \\ \hline 35% & $209,426 to $523,600 & $209,426 to $314,150 & $418,851 to $628,300 & $209,401 to $523,600 \\ \hline 37% & more than $523,600 & more than $314,150 & more than $628,300 & more than $523,600 \\ \hline Standard Deduction & $12,550 & $12,550 & & $18,800 \\ \hline \end{tabular}