a tenth. Use the tables below to solve the problem. Round dollar amounts to the nearest cent and percents to the nearest tem TABLE B. 2016 Marginal Tax Rate, Standard Deler and om Tax Rate Married Filing only lewa bu 15 up SIRS 25% Single up to $9275 $9276 to $37 ASO $37651 to $91.150 591.151 to 5190,150 $190,151 $413.150 54130351 to $415.00 more than $415.050 Married Fling Separately up to $9275 39476 537 ASO $37.651 - 575.950 575.951 to $115.725 S115.726 to 5206,575 5206,576 to $223,475 more than $211.475 SINSSI $75.00 $75,301 to SISI SI5,01 to $211.450 5231451 to 5411150 5413.151 to 5466,950 more than $166,950 up to $13.250 $1251 to 50,400 550,401 to $130,150 SH 151 to 210 EXO 5210 O $411150 $413351 to $441.000 o re than $441,000 35% Standard Deduction $6300 $6300 $12,600 $9300 Exemptions (per person) $4050 54050 54050 $4050 TABLE 8.2 2016 FICA Tax Rates Matching Rates Paid by Employee's Rates the Employer Self-Employed Rates 7.65% on first $118.500 7.65% on first $118,500 15.3% on first $118,500 of income paid in wages of net profits 1.45% of income in 1.45% of wages paid in 2.9% of net profits in excess of $118,500 excess of $118,500 excess of $118,500 14) To help pay for college, you worked part-time at a local restaurant, earning $30,000 in wages and 14) tips. (a) Calculate your FICA taxes. (b) Use the tax table to calculate your income tax. Assume you are single with no dependents, have adjustments or tax credit, and you take the standard deduction. (c) Including both FICA and income tax, what percentage of your gross income are your federal taxe A) (a) $2295.00 B) (a) $2295.00 C) (a) $435.00 D) (a) $435.00 (b) $2483.75 (b) $3968.75 (b) $3968.75 (6) $2483.75 (c) 20.9% (c) 15.9% (c) 97% (c) 14.7%