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Ali and Alex Arnaud are married with no dependent children. Ali worked for Smart Tech Corporation January through March and for Computer Associates the remainder
Ali and Alex Arnaud are married with no dependent children. Ali worked for Smart Tech Corporation January through March and for Computer Associates the remainder of the year. Alex completed a degree in November and immediately began as an associate with Smith and Weber. They report the following information for 2022. Use Individual Tax Rate Schedules and Standard Deduction Table. Required: a. Compute AGI. b. Compute taxable income. c. Compute net tax liability (after credits). Answer is not complete. Complete this question by entering your answers in the tabs below. Compute AGI. Compute taxable income. Compute net tax liability (after credits). Note: Round your intermediate calculations and final answer 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|c|} \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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