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

Alex$$s salary $ $44,000$

Addison$$s Schedule C net profit $48,600$

Interest income $1,500$

Addison$$s self$-$employment tax was $$6,867.$ Addison's Schedule C net business profit is qualified business income $($non$-$service$).$ The couple have $$8,470$ 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.