Ms. Ellis a single individual, has $170.000 taxable income. Assume the taxable year is 2021...

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Ms. Ellis a single individual, has $170.000 taxable income. Assume the taxable year is 2021 Compute her income tax assuming that Use Individual Tax Rate Sched Required: 3. Taxable income includes no capital gain b. Taxable income includes $30,100 capital gain eligible for the 15 percent preferentiate (For all requirements, round your intermediate calculations and final answers to the nearest whole dollar amount) Inca US Case a Includes no capital gain b Includes capital gain Individual Tax Rate Schedules Married Filing Jointly and Surviving Spouse If taxable income is Not over $19.900 Over $19.900 but not over $81,050 Over $81,050 but not over $172.750 Over S172,750 but not over $329,850 Over $329,850 but not over $418,850 Over $418,850 but not over $628,300 Over $628 300 The taxis 10% of taxable income $1.990.00 1298 of excess over $19.900 $9,328 00 +2295 of excess over $81.050 $29.502 00 + 2495 of excess over $172250 $67206 00 + 32 of excess over $329,850 S95,686,00 + 3596 of excess over $418,850 $168.993.50 +37% of excess over $628,300 Married Filing Separately If taxable income is Not over $9.950 Over $9.950 but not over $10,525 Over $40,525 but not over $86,375 Over $86,375 but not over $164.925 Over $164.925 but not over $209,425 Over $209,425 but not over $314,150 Over $314,150 The tax is 10% of taxable income 5995.00 +129 of excess over $9.950 $4.664.00 +2296 of excess ouer S10525 $14.73100 - 249 of excess over $86,375 $33,603.00 +3.23 of excess over $161.925 $47,843.00 +359 of excess over $209.425 584,496,73729 of excen over $314.150 Head of Household If taxable income is Not over $14,200 Over $14,200 but not over $54,200 Over $54,200 but not over $86,350 Over $86,350 but not over $164.900 Over $164,900 but not over $209.400 Over $209,400 but not over $523 600 Over 5523,600 The taxis 106 of taxable income $1.420.00 +129 of excess over $14,200 $6220.00 - 2296 of excess over SS4 200 $13,293.00 - 249 of excess over $86 350 $32.145.00 3295 of eccess over $164.900 $46,385.00 +359 of excess over $209,400 $156,355.00 = 379 of excess over S523.600 Single If taxable income is Not over $9.950 Over $9.950 but not over $10.525 Over $40,525 but not over $86.375 Over 586.375 but not over $164925 Over $164925 but not over $209 450 Over $209,450 but not over $523,600 Over S523 600 The taxis 10% of taxable income $995100 - 125 of access over $9.950 S4664.00 +2296 of excess over $40.525 $14.751.00 +24% of excess over $86,375 $33,603.00 +325 of excess over $164.925 S47843.00 35% of excess over $209,425 313780423 37 of excess or S$23,600

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