Moving to another question will save this response. Question 3 Use the table to calculate the tax owed. Round to the nearest cent. Table 8.1 2012 Marginal Tax Rates Sandird Deductions, and Exemptions Married Filing Separately up to $8700 $8701 to $35.350 $8701 to $35,350 $35,351 to $85,650 $35,351 to $71,350 $85,651 to $178,650 $71,351 to $108,725 $178,651 to $388,350 $108,726 to $194,175 Tux Rate Single 10% up to $8700 15% 25% 28% 33% 35% Standard Deduction $5950 Exemptions (per person) $3800 Married Head of Filing Jointly Household up to $17,400 up to $12,400 $17,401 to $70,700 $12,401 to $47,350 $70,701 to $142,700 $47,351 to $122,300 $142,701 to $217,450 $122,301 to $198,050 $217,451 to $388,350 $198,051 to $388.350 more than $388,350 more than $194,175 more than $388,350 more than $388,350 $5950 $3800 $11,900 $3800 $8700 $3800 a married couple filing jointly with a taxable income of $500,000 and a $6500 tax credit O $172,725.00 O $137,639.50 O $141,863.14 O $144,139.50