Question
H O 0 12 15 Question 10 (1 point) Consider once again the facts of the previous question for Jack and Joan Barnes. Jack
H O 0 12 15 Question 10 (1 point) Consider once again the facts of the previous question for Jack and Joan Barnes. Jack and Joan Barnes are 67 and 63 years old respectively. Joan works part-time job and earned $12,000. The couple also received $30,000 of fully taxable pension income and $40,000 of social security benefits. What is couple's computed tax liability for the 2020 year? Use the tax rate schedule for computing taxes rather than the table. DO NOT USE DOLLAR SIGNS OR COMMAS IN YOUR ANSWER!! ROUND (UP) ANY FINAL CALCULATED DECIMAL TAX AMOUNT, IF APPLICABLE, TO WHOLE DOLLARS. Question 11 (1 point) Which of the following would be classified as taxable income?
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