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Pierre earned $150,000 in wages, Katarina earned $150,000, all in dividends and long-term capital gains....

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Accounting

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Pierre earned $150,000 in wages, Katarina earned $150,000, all in dividends and long-term capital gains. Calculate the total tax owed by each individual (FICA and income taxes). Compare their overall tax rates. Assume both individuals are single and take the standard deduction. Use the tax rates, the special rates for dividends and capital gains and the FICA tax rate information given below Click the icon to view the table of 2013 Marginal Tax Rates, Standard Deductions, and Exemptions. Click the icon to view the special tax rates for dividends and capital gains. Click the icon the view the FICA tax rate information. What is the total tax owed by Pierre (FICA and income taxes)? s (Round to the nearest cent as needed) What is the total tax owed by Katarina (FICA and income taxes)? (Round to the nearest cent as needed.) Compare their overall tax rates Pierre's overall tax rate of 1 % is D__ Katarina's overall tax rate of Dr. (Round to one decimal place as needed.)

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