How to calculate the tax?

13 Qualified business income deduction from Form 8995 or Form 8995. . . . . . . . ... 14 Add lines 12c and 13 15 Taxable income. Subtract line 14 from line 11 . If zero or less, enter 0 - \begin{tabular}{|l|l|} \hline 120 & 25,700 \\ \hline 13 & \\ \hline 14 & 25,700 \\ \hline 15 & 72,400 \\ \hline \end{tabular} Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Form 1040(2021) Lance H and Wanda B Dean 123456786 Page 2 16Tax (see instructions). Check if any from Form(s): 18814249723 Penny graduated from high school on May 9,2021 , and is undecided about college. During 2021, she earned $8,500 (placed in a savings account) playing a harp in the lobby of a local hotel. Wayne is Wanda's widower father, who died on January 20 , 2021. For the past few years, Wayne qualified as a dependent of the Deans. Federal income tax withheld is $3,900 (Lance) and $1,800 (Wanda). The proper amount of Social Security and Medicare tax was withheld. The Deans received the appropriate coronavirus recovery rebates (economic impact payments); related questions in ProConnect Tax should be ignored. Required: Determine the Federal income tax for 2021 for the Deans on a joint return by completing the appropriate forms. Use Form 1040 anc Schedule 1 to complete this tax return. They do not own and did not use any virtual currency during the year, and they do not want to contribute to the Presidential Election Campaign Fund. If an overpayment results, it is to be refunded to them. - Make realistic assumptions about any missing data. - Enter all amounts as positive numbers. - If an amount box does not require an entry or the answer is zero, enter " 0 ". - Use the tax rate schedules included with this problem. When computing the tax liability, do not round your immediate calculations. If required round your final answers to the nearest dollar. 13 Qualified business income deduction from Form 8995 or Form 8995. . . . . . . . ... 14 Add lines 12c and 13 15 Taxable income. Subtract line 14 from line 11 . If zero or less, enter 0 - \begin{tabular}{|l|l|} \hline 120 & 25,700 \\ \hline 13 & \\ \hline 14 & 25,700 \\ \hline 15 & 72,400 \\ \hline \end{tabular} Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Form 1040(2021) Lance H and Wanda B Dean 123456786 Page 2 16Tax (see instructions). Check if any from Form(s): 18814249723 Penny graduated from high school on May 9,2021 , and is undecided about college. During 2021, she earned $8,500 (placed in a savings account) playing a harp in the lobby of a local hotel. Wayne is Wanda's widower father, who died on January 20 , 2021. For the past few years, Wayne qualified as a dependent of the Deans. Federal income tax withheld is $3,900 (Lance) and $1,800 (Wanda). The proper amount of Social Security and Medicare tax was withheld. The Deans received the appropriate coronavirus recovery rebates (economic impact payments); related questions in ProConnect Tax should be ignored. Required: Determine the Federal income tax for 2021 for the Deans on a joint return by completing the appropriate forms. Use Form 1040 anc Schedule 1 to complete this tax return. They do not own and did not use any virtual currency during the year, and they do not want to contribute to the Presidential Election Campaign Fund. If an overpayment results, it is to be refunded to them. - Make realistic assumptions about any missing data. - Enter all amounts as positive numbers. - If an amount box does not require an entry or the answer is zero, enter " 0 ". - Use the tax rate schedules included with this problem. When computing the tax liability, do not round your immediate calculations. If required round your final answers to the nearest dollar