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Hank and Irene are married and have two dependents. Hank and Irene are both 35 years old and have gross income of $115,000. Their deductions

Hank and Irene are married and have two dependents. Hank and Irene are both 35 years old and have gross income of $115,000. Their deductions for AGI equal $10,000 and they always use the standard deduction. Using the married filing jointly tax rate schedule, compute their tax on taxable income for 2017.

$10,502.50.

$15,600.00.

$19,100.00.

$19,650.00.

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