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Alex and Addison are marrled and have the following income items: Addison's self-employment tax was $5,906. Addison's Schedule C net business profit is qualfied business
Alex and Addison are marrled and have the following income items: Addison's self-employment tax was $5,906. Addison's Schedule C net business profit is qualfied business Income (non-service). The couple have $8,070 Itemized deductions and no children or other dependents. Requlred: Compute their income tax on a joint return. Assume the taxable year is 2022 . Use Individual Tax Rate Schedules and Standard Deduction Table. Note: Round your Intermedlate calculations and final answers to the nearest whole dollar amount. Individual Tax Rate Schedules Married Filing Jointly and Surviving Spouse Married Filing Separately Head of Household Single \begin{tabular}{|l|r|} \hline Married filing jointly and surviving spouses & $25,900 \\ \hline Married filing separately & 12,950 \\ \hline Head of household & 19,400 \\ \hline Single & 12,950 \\ \hline \end{tabular}
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