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Use the marginal tax rates in the table below to compute the tax owed in the following situation. The tax owed is $ 11,502.50 (Type
Use the marginal tax rates in the table below to compute the tax owed in the following situation. The tax owed is $ 11,502.50 (Type an integer or a decimal.) Paul is a head of household with a taxable income of $93,000. He is entitled to a $6000 tax credit Tax Rate 10% 15% 25% 28% 33% 35% 39.6% Standard deduction Exemption per person) Head of Household up to $13,350 up to $50,800 up to $131,200 up to $212,500 up to $416,700 up to $444,550 above $444,550 $9350 $4050
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