Cl Spatch 1 Mr. and Men. Wihon are married (MF]] with one dependent child. They report the following information for 2020: Schedule C net profit Toperrot Income From certificate of deposit (CDIN 2, 100 Self employment can on Schedule C net profit 9,418 Dividend eligible for 150 rate 12, 040 Fra. Wilson'a salary from Branta Company 35, 000 Dependent care credit 500 27.000 Acquired: Compute AGL taxable income, and total tax liability (including self-employment tax). Assume that Schedule C net profit is qualified businits income (non-service income) under Section 199A Assume the taxable year is 2020. Use Individual Tax Rate Schedules and Standard Deduction Table (Do not round intermediate computations. Hound your final answers to the nearest whole dollar amount.} Amount AG 151:041 Taxable income Total Lin nabilty 1 or 2 Score answer >14 mhedraton.com/Mids, Conned Production byaccount:: 8 1 Individual Tax Rate Schedules Married Fling Jointly and Surfving Spouse taxable Income h 10% of backable Income Own $19.750 but notover $80.250 Over 140300 bindlower $171020 $70311 + 24% of GROW ON $171,050 Over $326.600 but not over $414,700 Over 1414 700 but rol oar $12050 694 735 + 354 of dicks of 1414,300 #157307 50+ 356 ofochoa $612,050 Married Filing Separately #f Banable Income Is NOT ONLY $OATS 104 of Manbily Income Over $9,875 but not over $40,125 $987 50 + 17% of CCCC OWN $0,875 Owe $40.125 but not owe $85 539 14,617 50 + 22% of excess over $40,125 Over $85,525 bout not on $4300 $14,605 50 + 241 of cross over $85,525 Over $143.300 but not over $307.140 $13.271.50 + 321 of excess over $163,300 Over $307 350 but not over $31 1,025 147 307.10 + 350of excess over $207.350 Owe $311,035 183 6535 + 374 0 mops over $31 1,075 Heidi of Household IT Liable Income Is: The tax Is: Not over $14, 100 fort of laxible Income Over $14. 100 but not owes $53 700 $1,410 # 176 force over $14,100 Over $53,700 but not over $85.803 $6, 167 + 274 of capps over $53 700 Over 143.140 but not over $163,300 413,150 + MT of crooks over $85 500 Owe $14 300 But not over $207 350 $31,810 + 37% of crocus over $161 300 Over $207.350 but not over $51 8 400 $45,026 + 35% of cropss over 1207.350 Over $418.400 $154.793.50 + 37% of once80 over $518,400 Single if taxable Income Is: The tax Is: Not over $9.875 104 of taxable Income Over 59 875 but not owns 140.125 $987 50 # 13% of excess over SPOTS OWN $40.135 but not over $85 525 $4617 50 + 22% of cott over $40,125 Over $85 525 but not over $163.300 $14 605 50 + 241 of coccus over $85.526 Over $163,300 but not over $207,350 $33 271.50 + 32% of expel over $163.300 Owe $207.140 but not Over $518400 $47,367 50 # 35% of exposs over $207.350 Over $518 400 $156.235 + 37% of 08014 over 518,400 hpMarried filing jointly and surviving spouses $24,800 Married filing separately 12,400 Head of household 18.650 Single 12,400