Diego, 28, married Dolores, 27, in 2018. Their salaries for the year amounted to $53,645 and they had interest income of $2,640. Diego and Dolores deductions for adjusted gross income amounted to 3,830. Third items deductions were 10,050 and they have no dependents. What is the amount of their adjusted gross income? In order to minimize taxable income, they will _______ in the amount of What is the amount of their taxable income?What is their tax liability for 2018?

/takeAssignment/takeAssignmentMain.do?inprogress=true Calculator Problem 1-5 (Algorithmic) The Tax Formula for Individuals, Filing Status and Tax Computation, The Standard Deduction (LO 1.3, 1.5, 1.7) Diego, age 28, married Dolores, age 27, in 2018. Their salaries for the year amounted to $53,645 and they had interest income of $2,640. Diego and Dolores' deductions for adjusted gross income amounted to $3,830; their itemized deductions were $10,050, and they have no dependents. Table for the standard deduction Filing Status 2018 Standard Deduction Single $ 12,000 Married, filing jointly 24,000 Married, filing separately 12,000 Head of household 18,000 Qualifying widow(er) 24,000 Click here to access the tax tables. a. What is the amount of their adjusted gross income? 52,455 Sec.A-... b. In order to minimize taxable income, Diego and Dolores will take the standard deduction in the amount of $ 24,000 . What is the amount of their taxable income? d. What is their tax liability for 2018? Previous Next > items life-ins... 5:21 PM re to search O empeaaqrem ~ 9 (" 8/4/2020