Use the marginal tax rates to compute the income tax owed by the following couple.

Filing status: married filing jointly

Gross income: $153,000

Adjustments: $21.400

Deductions: $4590 state taxes

$10,800 mortgage interest

$5400 property taxes

$15,500 charitable contributions

Tax credit: $7500

2021 marginal tax rates.

	Unmarried, divorced, or legally separated	Married and each partner files a separate tax return	Married and both partners file a single tax return	Unmarried and paying more than half the cost of supporting a child or parent
Tax Rate	Single	Married Filing Separately	Married Filing Jointly	Head of Household
10%	up to $9950	up to $9950	up to $19,900	up to $14,200
12%	$9951 to $40,525	$9951 to $40,525	$19,901 to $81,050	$14,201 to $54,200
22%	$40,526 to $86,375	$40,526 to $86,375	$81,051 to $172,750	$54,201 to $86,350
24%	$86,376 to $164,925	$86,376 to $164,925	$172,751 to $329,850	$86,351 to $164,900
32%	$164,926 to $209,425	$164,926 to $209,425	$329,851 to $418,850	$164,901 to $209,400
35%	$209,426 to $523,600	$209,426 to $314,150	$418,851 to $628,300	$209,401 to $523,600
37%	more than $523,600	more than $314,150	more than $628,300	more than $523,600
Standard Deduction	$12,550	$12,550	$25,100	$18,800