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Use the marginal tax rates in the table below to compute the tax owed in the following situation. GeneGene is married filing separatelymarried filing separately
Use the marginal tax rates in the table below to compute the tax owed in the following situation. GeneGene is married filing separatelymarried filing separately withwith a taxable income of $68,000. Tax Rate Single Married Filing Separately 10% up to $8,925 up to $8,925 15% up to $36,250 up to $36,250 25% up to $87,850 up to $73,200 28% up to $183,250 up to $111,525 33% up to $398,350 up to $199,175 35% up to $400,000 up to $400,000 standard deduction $6100 $6100 exemption (per person) $3900 $3900
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