Chandler and Cassidy are married and file a joint return. Chandler is age 66, and Cassidy is age 68. They report the following income items:

Dividend eligible for 0% preferential rate	$ 4,200
Capital gain eligible for 0% preferential rate	5,200
Chandlers salary	43,300

Their itemized deductions totaled $10,990, and they have no 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.

AGI

Tax income

Income Tax