Alex and Addison are married and have the following income items:

Alex's salary

Addison's Schedule $C$ net profit $$66,000$

Interest income $41,500$

$,1,750$

Addison's self$-$employment tax was $$5,864.$ Addison's Schedule $C$ net business profit is qualified business income $($non$-$service$).$ The couple have $$8,970$ itemized deductions and no children or other dependents.

Required:

Compute their income tax on a joint return. Assume the taxable year is $2023.$ Use Individual Tax Rate Schedules and Standard Deduction Table.

Note: Round your intermediate calculations and final answers to the nearest whole dollar amount.

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