Final answer:
The amount of taxes owed on a taxable income of $49,652 is $17,021.
Step-by-step explanation:
To determine the amount of taxes owed on a taxable income of $49,652, we need to use the marginal tax rate chart. From the chart, we can see that income from $0 to $9,875 is taxed at 10%, income from $9,875 to $40,125 is taxed at 12%, and income from $40,125 to $85,525 is taxed at 22%. The remaining income from $85,525 to $49,652 will be taxed at the highest marginal tax rate of 24%. To calculate the taxes owed, we need to calculate the taxes for each portion of income and add them up.
Taxes owed = (0.10 * $9,875) + (0.12 * ($40,125 - $9,875)) + (0.22 * ($85,525 - $40,125)) + (0.24 * ($49,652 - $85,525))
Taxes owed = $3,956 + $3,540 + $9,525 + $0 = $17,021
Therefore, the amount of taxes owed on a taxable income of $49,652 is $17,021. None of the options mentioned in the question are correct.