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Ahmed and his wife Benita work for different companies. In 2 0 2 2 , Ahmed earned $ 8 9 , 0 0 0 and

 

Ahmed and his wife Benita work for different companies. In 2022, Ahmed earned $89,000 and Benita earned $170,000. They jointly contribute $12,500 to charity every year and have no other itemized deductions. They have 3 kids ages 9, 6, and 2. They file taxes jointly. The standard deduction for a married, filing joint for the year is $25,900.

Assuming the couple have no other income and no above-the-line deductions, what is their taxable income?  Calculate.

 

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