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From the following information determine the total 2015 tax due for Charlene and Dick Storm, assuming they file a joint return, have three dependents, and

From the following information determine the total 2015 tax due for Charlene and Dick Storm, assuming they file a joint return, have three dependents, and are not members of a qualified retirement plan.

Dick's wages 33,000
Charlene's Wages 41,000
Dick's Contribution to an IRA 2,000
Charlene's Contribution to an IRA 800
Charlene's Self-Employment Income 12,000
Tax Preference Items 40,000
General Business Credit 7,000
Housing Interest 8,000
Consumer Interest 2,000
Property Taxes 3,000

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