Use the tables below to solve the problem. Round dollar amounts to the nearest cent and percents to the nearest tenth. To help pay for college, you worked part-time at a local restaurant, earning $29,000 in wages and tips. (a) Calculate your FICA taxes. (b) Use the tax table to calculate your income tax. Assume you are single with no dependents, have no 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 taxes? Click here to view the table for the 2016 marginal taxes, standard deductions, and exemptions. Click here to view the table for the 2016 FICA tax rates. i Table O A. (a) $2,218.50 (b) $3,818.75 (c) 20.8% OB. (a) $420.50 (b) $2,333.75 (c) 9.5% TABLE 8.1 2016 Marginal Tax Rates, Standard Deductions, and Exemptions Urtarril Married and tak divani, Juror files Ingally served sertex Married and the Partner file Singleterre Uluding More than half the cost of porting child portal O C. (a) $420.50 (b) $3,818.75 (c) 14.6% OD. (a) $2,218.50 (b) $2,333.75 (c) 15.7% Married Filing Separately Tax Rate 10% 15% 25% up to $9275 Single up to $9275 $9276 to $37.650 $37,651 to $91.150 $91,151 to $190,150 $190,151 to $413,350 $413,351 to $415,050 more than $415,050 Married Head of Filing Jointly Household up to STR.550 up to $13.250 $18,551 to $75,300 $13,251 to $50,400 $75,301 to $151,900 $50,401 to $130,150 $151.901 to $231,450 $130,151 to $210.800 $231,451 to $413,350 $210,801 to $413,350 $413,351 to $466,950 $413,351 to $441,000 more than $466,950 more than $441,000 $9276 to $37.650 $37,651 to $75,950 $75,951 to $115,725 $115,726 to $206,675 $206,676 to $223,475 more than $233475 28% 33% 35% 39.6% Standard Deduction Exemptions (per person) $6300 $6300 $12.600 $9200 $4050 54050 $4050 $4050 Print Done 2016 FICA tax rates - 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 Click to select your answer. Print Done