Question: 4 pts D Question 3 Solve the problem. Refer to the table if necessary 2017 Marginal Tax Rates, Standard Deductions, and Exemptions Marteding Sdn Head

 4 pts D Question 3 Solve the problem. Refer to the

table if necessary 2017 Marginal Tax Rates, Standard Deductions, and Exemptions Marteding

4 pts D Question 3 Solve the problem. Refer to the table if necessary 2017 Marginal Tax Rates, Standard Deductions, and Exemptions Marteding Sdn Head of Body Splity Household 104 t519335 pto STR 650 to 5325 15 513.350 up to 537550 up to $95.000 up to $33,450 up to $50.000 25% up to 51.000 sp to 5153.100 up to 536.550 uts 5031,200 215 to $111.650 pto 233.50 up to 511865 up to $212.500 335 up to 5416.700 up to $456700 up to 5200 150 up to 5416.00 up to 5418,400 cp to $420,700 vp to 5235 50 up to 5444550 2365 above 5411 490bove $479,799 above $235.250 above S 550 Sad 58350 512.700 56350 5905 Cedextos E tios 54050 54050 5959 per person "This or respond parts that apy short AUTO DOC) presta made wa a rdeve for 2011 heart begeeree proronel loron g The 15 Sweetendono to 531.150 Ken is single with no dependents and is filing his taxes with only the standard deduction Calculate his taxable income AND his taxed owed if he has a gross income of $95,000. Taxable income - $84600: Tax Owed - $21150 Taxable income - $84600, Tax Owed - $16883.75 o Taable Income - $88,650: Tax Olved - $22162 50 o Table Income - $88,650: Tax Owed - $17901.25 Solve the problem. Refer to the table if necessary. 2017 Marginal Tax Rates, Standard Deductions, and Exemptions Manled Fling Married ling Head of Tax Rate" Single Join Sepiately Household 10% up to 39325 up to 518,650 up to 59325 up to $13,350 15% up to 537,950 up to 575,900 up to 537,850 up to 550,600 up to $81,900 up to 5153,100 up to 576,550 up to $131,200 28% up to 5191,650 up to 5233,350 up to $116,695 up to $212,500 33% up to 5416,700 up to 5416,700 up to 5208.350 up to 5416.700 up to 5418,400 up to 5470,700 up to 5235,750 up to 5464550 3965 above $415,400 above $470.700 above $235,950 above 5404550 Standard 56350 $12.700 56350 deduction Exemption 54050 54050 54050 56059 (per penon) This tablerones pon and eduten pase-out that apy to hi r e tapos there the munta t tates many mode and high income weayers: () dargest made after thistet was pretty has charged eluesventtable for 2017. ** Each h er marginal rate begin where te prorore leaves off for one for a single penon, the 15% marginal rate afects income at 19325, which is where the rate leaves of and contrung voto 331.350 35 Ken is single with no dependents and is filing his taxes with only the standard deduction Calculate his taxable income AND his taxed owed if he has a gross income of $95.000 Taxable income - $84,600; Tax Owed - $21150 Taxable income - $84,600: Tax Owed - $16888.75 o Taxable income - $88,650; Tax Owed - $22162.50 o Taxable income - $88,650; Tax Owed - $17901.25

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