Use the marginal tax rates in the table below to compute the tax owed in the following situation Winona and Jim are married filing jointly, with a taxable income of $265,000. They are entitled to a $6500 tax credit The tax owed is $ (Type an integer or a decimal) Tax Rate 10% 15% 25% 28% 33% 35% Married Filing Jointly up to $18650 up to 575 900 up to $153 100 up to $233 350 up to $416.700 up to $470.700 above $470.700 $12.700 $4050 39.6% Standard deduction Exemption (per person) Question Viewer