X8.2.15 Question Use the 2012 marginal tax rates to compute the tax owed by the following person. Round taxable income to the nearest dollar as needed. a single male, no dependents. Gross income: $94,000 Deductions: $27,000 mortgage interest $4962 property taxes $3000 charitable contributions Tax credit: none Adjustments: $2000 Click the icon to view the 2012 marginal tax rate! The income tax owed is $ (Round to the nearest 'cent as necessary.) Enter your answer in the answer box and then click Check Answer Clear All All parts showing 2012 marginal tax rates to compute the tax owed by the following person. Round taxable income to the nearest dollar as needed. mal More Info con ments Sk the some to thi 15% 2012 Marginal Tax Rates, Standard Deductions, and Exemptions Unmarried, divorced, Married and each partner Married and both Unmarrlad and paying or legally separated files a separate tax return partners file a single more than half the cost tax return of supporting a child or parent Tax Rate Single Married Filing Separately Married Filing Jointly Head of Household 10% up to $8700 up to $8700 up to $17.400 up to $12.400 $8701 to $35, 350 $8701 to $35,350 $17.401 to $70,700 $12,401 to $47,350 25% $35,351 to $85,650 $35,351 to $71,350 $70,701 to $142,700 $47,351 to $122,300 28% $85 651 to $178,650 $71,351 to $108.725 $142,701 to $217,450 $122,301 to $198,050 33% $178,651 to $388,350 $108,726 to $194,175 $217,451 to $388,350 $198,051 to $388,350 35% more than $388,350 more than $194 175 more than $388,350 more than $388,350 $8700 $11,900 $6950 Standard $5950 Deduction $380 $3800 Exemptions (per person) $3800 $3800 Print Done ec your answer is the answer box and then click check Answers parts showing 13. VI HAO A X8.2.15 Question Use the 2012 marginal tax rates to compute the tax owed by the following person. Round taxable income to the nearest dollar as needed. a single male, no dependents. Gross income: $94,000 Deductions: $27,000 mortgage interest $4962 property taxes $3000 charitable contributions Tax credit: none Adjustments: $2000 Click the icon to view the 2012 marginal tax rate! The income tax owed is $ (Round to the nearest 'cent as necessary.) Enter your answer in the answer box and then click Check Answer Clear All All parts showing 2012 marginal tax rates to compute the tax owed by the following person. Round taxable income to the nearest dollar as needed. mal More Info con ments Sk the some to thi 15% 2012 Marginal Tax Rates, Standard Deductions, and Exemptions Unmarried, divorced, Married and each partner Married and both Unmarrlad and paying or legally separated files a separate tax return partners file a single more than half the cost tax return of supporting a child or parent Tax Rate Single Married Filing Separately Married Filing Jointly Head of Household 10% up to $8700 up to $8700 up to $17.400 up to $12.400 $8701 to $35, 350 $8701 to $35,350 $17.401 to $70,700 $12,401 to $47,350 25% $35,351 to $85,650 $35,351 to $71,350 $70,701 to $142,700 $47,351 to $122,300 28% $85 651 to $178,650 $71,351 to $108.725 $142,701 to $217,450 $122,301 to $198,050 33% $178,651 to $388,350 $108,726 to $194,175 $217,451 to $388,350 $198,051 to $388,350 35% more than $388,350 more than $194 175 more than $388,350 more than $388,350 $8700 $11,900 $6950 Standard $5950 Deduction $380 $3800 Exemptions (per person) $3800 $3800 Print Done ec your answer is the answer box and then click check Answers parts showing 13. VI HAO A
