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A married couple with 3 children is filing taxes jointly. They have a gross income of $441662, and they made the following tax-deductible purchases: Charitable
A married couple with 3 children is filing taxes jointly. They have a gross income of $441662, and they made the following tax-deductible purchases: Charitable contributions: $8969 Medical expenses: $2053 Mortgage interest: $5047 Compute their final income tax using the following information: Married Individuals Filing Joint Returns and Surviving Spouses If Taxable Income Is Between: 0 $19,050 $19,051 $77,400 $77,401 $165,000 $165,001 $315,000 $315,001 $400,000 $400,001 $600,000 The Tax Due Is 10% of taxable income $1,905 + 12% of the amount over $19,050 $8,907 + 22% of the amount over $77,400 $28,179 + 24% of the amount over $165,000 $64,179 + 32% of the amount over $315,000 $91,379 + 35% of the amount over $400,000 $161,379 + 37% of the amount over $600,000 $600,001 Round your answer to the nearest dollar. Recall the standard deduction for married filers: $24,000
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