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Your adjusted gross income (line 11 of the form 1040) is $150,000. Your filing status is Single. Your standard deduction (Line 12) is $12,400. Using

Your adjusted gross income (line 11 of the form 1040) is $150,000. Your filing status is Single. Your standard deduction (Line 12) is $12,400. Using the 2020 Income Tax Rate Schedule, please calculate the amount of income taxes you will owe for the year. A. $12,864.00 B. $27,104.50 C. $36,000.00 D. $30,174.50

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