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Emily and Luke Robinson are married and have one child. Luke is putting together some figures so that he can prepare the Robinsons joint 2018

Emily and Luke Robinson are married and have one child. Luke is putting together some figures so that he can prepare the Robinsons joint 2018 tax return. So far, he's been able to determine the following with regard to income and possible deductions:

Total unreimbursed medical expenses incurred $1,160
Gross wages and commissions earned 50,840
IRA contribution 5,000
Mortgage interest paid 5,200
Capital gains realized on assets held less than 12 months 1,450
Income from limited partnership 200
Interest paid on credit cards 380
Qualified dividends 610
Interest earned on bonds 230
Sales taxes paid 2,490
Charitable contributions made 1,200
Capital losses realized 3,475
Interest paid on a car loan 590
Social Security taxes paid 2,750
Property taxes paid 750
State income taxes paid 1,700

Assume that Luke is not covered by a pension plan where he works, his child qualifies for the child tax credit, and the standard deduction of $24,000 for married filing jointly applies. How much taxable income will the Robinsons have in 2018? Note that personal exemptions were suspended for 2018. Do not round your intermediate computations. Round the answer to the nearest dollar.

$ _____________

Single
Taxable Income Tax Rate
$0 - $9,525 10% of taxable income
$9,526-$38,700 $952.50 plus 12% of the amount over $38,700
$38,701 - $82,500 $4,453.50 plus 22% of the amount over $82,500

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