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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 retireDicD
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-empoloyment 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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