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* * * * * 1 . Olivia and Noah are married with no children. Their 2 0 2 1 tax information is as follows:

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Olivia and Noah are married with no children. Their 2021 tax information is as follows:
Wages: $85,000
Qualified Business Income from sole proprietorship: $52,000
Itemized deductions: $12,500
Allowable deduction for self-employment tax: $3,400 Olivia and Noah's AGI is $____ and their taxable income is $_____.
2.Benjamin and Emily are married with one teenage son. Their 2021 tax information is as follows:
Wages: $55,000
Qualified Business Income from sole proprietorship: $28,000
Itemized deductions: $16,200
Allowable deduction for self-employment tax: $2,150 Benjamin and Emily's AGI is $____ and their taxable income is $_____.
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