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Che Mr. Coleman, an unmarried Individual, has the following income items: Interest income Schedule net profit $23,600 59.520 He has $10,100 itemized deductions and no

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Che Mr. Coleman, an unmarried Individual, has the following income items: Interest income Schedule net profit $23,600 59.520 He has $10,100 itemized deductions and no dependents. Mr. Coleman's Schedule C income is qualified business income (non service). Required: Compute Mr. Coleman's income tax. Assume the taxable year is 2020. Use Individual Tox Rate Schedules and Standard Deduction Table. (Round your Intermediate calculations and final answers to the nearest whole dollar amount.) AGI Taxable income Income tax Amount $ 81,940 $ 8,535 $ 8,730

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