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Homer and Marge are married and file a joint tax return. Homer earned $ 7 5 , 0 0 0 this year from his job

Homer and Marge are married and file a joint tax return. Homer earned $75,000 this year from his job at the nuclear power plant and Marge is unemployed. The couple qualified for $ 15,000 of For AGI deductions and another $ 10,000 of itemized deductions . Homer's employer withheld $ 5,000 from his pay over the course of the year as a prepayment for income taxes . Recall that the 2023 standard deduction for a married couple filing jointly is $ 27,700. If they have no other tax items , what is the couple's taxable income for the current year ?

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