up to $ 8700 Use the table to calculate the tax owed. Round to the nearest cent. Table 2012 Marginal Tax Rates, Standard Deductions, and Exemptions Married Filing Murried Head of Tax Rate Single Separately Filing Jointly Household 10%up to 8700up to $17,400 up to $ 12,400 15% $8701 to $35,350 $ 8701 to $ 35,350 $ 17,401 to $ 70,700 $ 12,401 to $ 47,350 25% $ 35,351 to $ 85,650 $ 35,351 to $ 71,350 $ 70,701 to $ 142,700 $ 47,351 to $ 122,300 28% $ 85,651 to $178,650 $71,351 to $108,725 $142,701 to $217,450 $122,301 to $ 198,050 33% $ 178,651 to $388,350 $108,726 to $ 194,175 $ 217,451 to $ 388,350 $ 198,051 to $388,350 35% more than $388,350 more than $ 194,175 more than $ 388,350 more than $388,350 tandard eduction $5950 $ 5950 $ 11,900 $8700 xemptions er person ) $ 3800 $3800 $ 3800 $ 3800 4 ) a single man with a taxable income of $ 25,000 and a $ 1500 tax credit