2 Problem 1-41 (LO 1-3) 10 points Scot and Vidia, married taxpayers, earn $15.000 in taxable income and $5,000 in interest from an investment in City of Tampa bonds (Use the U.S. tax rate schedule for married filing jointly). Required: a. If Scot and Vidia earn an additional S15,000 of taxable income, what is their marginal tax rate on this income? b. What is their marginal rate if instead, they report an additional $15,000 in deductions? eBook (For all requirements, do not round intermediate celeulations. Round your answers to 2 decimal places.) a b Marginal tax rate Marginal tax rate 12.00 10.00 2019 Tax Rate Schedules Individuals Schedule X-Single If taxable income is over: But not over: The tax is: $ 0 $ 9,700 10% of taxable income $ 9,700 $ 39,475 $970 plus 12% of the excess over $9,700 $ 39,475 $ 84,200 $4,543 plus 22% of the excess over $39,475 $ 84,200 $160,725 $14,382.50 plus 24% of the excess over $84,200 $160,725 $204,100 $32,748.50 plus 32% of the excess over $160,725 $204,100 $510,300 $46,628.50 plus 35% of the excess over $204,100 $510,300 $153,798.50 plus 37% of the excess over S510,300 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income is over: But not over: $ 0 $ 19,400 $ 19,400 $ 78,950 $ 78,950 $168.400 $168,400 $321,450 $321,450 $408.200 S408,200 S612,350 5612,350 The tax is: 10% of taxable income $1,940 plus 12% of the excess over $19,400 $9,086 plus 22% of the excess over $78,950 S28,765 plus 24 of the excess over $168,400 S65,497 plus 32 of the excess over S321,450 $93.257 plus 35 of the excess over $408.200 $164,709.50 plus 370 of the excess over $612,350