is single and had an adjusted gross income of

​$34 comma 30034,300.

Use the given tax table to complete parts​ (a) through​ (d).

Tax Rate

Single

Married Filing Jointly

Married Filing Separately

Head of Household

1010​%

up to

​$99509950

up to

​$19 comma 90019,900

up to

​$99509950

up to

​$14 comma 20014,200

1212​%

up to

​$40 comma 52540,525

up to

​$81 comma 05081,050

up to

​$40 comma 52540,525

up to

​$54 comma 20054,200

2222​%

up to

​$86 comma 37586,375

up to

​$172 comma 750172,750

up to

​$86 comma 37586,375

up to

​$86 comma 35086,350

2424​%

up to

​$164 comma 925164,925

up to

​$329 comma 850329,850

up to

​$164 comma 925164,925

up to

​$164 comma 900164,900

3232​%

up to

​$209 comma 425209,425

up to

​$418 comma 850418,850

up to

​$209 comma 425209,425

up to

​$209 comma 400209,400

3535​%

up to

​$523 comma 600523,600

up to

​$628 comma 300628,300

up to

​$314 comma 150314,150

up to

​$523 comma 600523,600

3737​%

above

​$523 comma 600523,600

above

​$628 comma 300628,300

above

​$314 comma 150314,150

above

​$523 comma 600523,600

Standard Deduction

​$12 comma 55012,550

​$25 comma 10025,100

​$12 comma 55012,550

​$18 comma 80018,800

Question content area bottom

Part 1

a. Determine the

personperson​'s

taxable income. Assume the standard deduction.

The taxable income is

​$2175021750.

​(Simplify your​ answer.)

Part 2

b. Compute the tax owed.

The tax owed is

​$24112411.

​(Round to the nearest dollar as​ needed.)

Part 3

c. State the

personperson​'s

marginal tax rate​ (tax bracket); then calculate the effective tax rate as a percentage of taxable income.

GeneGene

is in the

12%

tax bracket.

Part 4

The effective tax rate based on taxable income is

enter your response here​%.