David and Ruby are engaged and plan to get married. During 2021, David is a full-time student and earns $9,400 from a part-time job. With this income, student loans, savings, and nontaxable scholarships, he is self-supporting. For the year, Ruby is employed and has wages of $68,200. Click here to access the standard deduction table to use. Click here to access the Tax Rate Schedules. If an amount is zero, enter, "O". Do not round your intermediate computations. Round your final answer to nearest whole dollar. a. Compute the following: David Ruby Filing Single Filing Single Gross income and AGI $ Standard deduction (single) Taxable income Income tax $ b. Assume that David and Ruby get married in 2021 and file a joint return. What is their taxable income and income tax? Round your final answer to nearest whole dollar. Married Filing Jointly Gross income and AGI Standard deduction (married, filing jointly) ME Taxable income Income tax c. How much income tax can David and Ruby save if they get married in 2021 and file a joint return? $ Basic Standard Deduction Amounts Standard Deduction Amount Filing Status 2020 2021 Single $12,400 $12,550 Married, filing jointly 24,800 25,100 Surviving spouse 24,800 25,100 Head of household 18,650 18,800 Married, filing separately 12,400 12,550 Additional Standard Deduction Amounts Filing Status 2020 2021 Single $1,650 $1,700 Married, filing jointly 1,300 1,350 Surviving spouse 1,300 1,350 Head of household 1,650 1,700 Married, filing separately 1,300 1,350 2021 Tax Rate Schedules of the Single-Schedule X If taxable income is: But not Over- over- of the amount amount The tax is: over- over- ......... 10% ......... 10% $ 0 14,200 54,200 86,350 Head of household-Schedule Z If taxable income is: But not Over- over- The tax is: $ 0 $ 14,200 14,200 54,200 $ 1,420.00 + 12% 54,200 86,350 6,220.00 + 22% 86,350 164,900 13,293.00 + 24% 164,900 209,400 32,145.00 + 32% 209,400 523,600 46,385.00 + 35% 523,600 156,355.00 + 37% Married filing separatelySchedule Y-2 164,900 $ 0 $ 9,950 $ 0 9,950 40,525 $ 995.00 + 12% 9,950 40,525 86,375 4,664.00 + 22% 40,525 86,375 164,925 14,751.00 + 24% 86,375 164,925 209,425 33,603.00 + 32% 164,925 209,425 523,600 47,843.00 + 35% 209,425 523,600 157,804.25 + 37% 523,600 Married filing jointly or Qualifying widow(er) - Schedule Y-1 If taxable of the income is: But not amount Over- over- The tax is: over- $ 0 $ 19,900 10% $ 0 19,900 81,050 $ 1,990.00 + 12% 19,900 81,050 172,750 9,328.00 + 22% 81,050 209,400 523,600 If taxable income is: Over- of the amount But not over- The tax is: over- $ 0 $ 9,950 10% $ 0 9,950 40,525 $ 995.00 + 12% 9,950 40,525 86,375 4,664.00 + 22% 40,525 172,750 29,502.00 + 24% 172,750 86,375 164,925 14,751.00 + 24% 86,375 329,850 418,850 329,850 164,925 209,425 164,925 67,206.00 + 32% 95,686.00 + 35% 329,850 418,850 33,603.00 + 32% 47,843.00 + 35% 418,850 628,300 209,425 314,150 209,425 628,300 168,993.50 + 37% 628,300 314,150 84,496.75 + 37% 314,150