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I need the answers for A, B, C, D and E 2018 Continued Married individuals filing joint returns and surviving spouses If taxable income is:

I need the answers for A, B, C, D and E

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2018 Continued Married individuals filing joint returns and surviving spouses If taxable income is: The tax is: Not over $19,050 10% of the taxable income Over $19,050 but not over $77,400 $1,905 plus 12% of the excess over $19,050 Over $77,400 but not over $165,000 $8,907 plus 22% of the excess over $77,400 Over $165,000 but not over $315,000 $28,179 plus 24% of the excess over $165,000 Over $315,000 but not over $400,000 $64,179 plus 32% of the excess over $315,000 Over $400,000 but not over $600,000 $91,379 plus 35% of the excess over $400,000 Over $600,000 $161,379 plus 37% of the excess over $600,000 Determine the amount of taxes owed or the refund that would result in this situation: Filing Status: Married filing jointly Gross Income: $125,000 Adjustments: $6,900 Itemized Deductions: $10,400 Credits and Withholdings: $15,000 a. What is their adjusted gross income (AGI)? b. Should they itemize or take the standard deduction? O take the standard deduction itemize c. Use the simplified 2018 tax tables to determine their taxable income. "Remember to subtract the deduction to determine the taxable income. d. Determine their tax using the 2018 tax table Enter an interer or decimal numbes more.al e. What is their final tax refund or amount still owed (if they owe enter the number as a negative)

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