2 5 7. 9. 10 Alan and Sara Winthrop are a married couple who file a joint income tax return. They have two children, so they claim a total of 4 exemptions ($4.050 for each exemption). In addition, they have legitimate itemized deductions totaling $25.750. Their total income from wages is $213.500. Assume the following tax table is applicable: Married couples Filing Joint Returns You Pay This Plus This Percentage on Average Tax Your Taxable Amount on the Base the Excess over the Rate at Top of Income is of the Bracket Base Bracket Up to $18.650 $0.00 10.0% 10.0% $18,650 $75,900 1.865.00 15.0 13.8 575.900-5153,100 10,452.50 25.0 19.4 5153,100-$233,350 29,752.50 280 22.4 5233,350-$410,700 52,222.50 33.0 27.1 1416,700 5470,700 112,728.00 28.0 Over 5470,700 131.628.00 39.6 39.6 What is their federal tax liability? $6.064.00 1.531,077.50 53760.50 0.550 332225 12. 35.0 15