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Imani and Javier are married and earned a joint income of $120,000 in 2020. They paid a total of $25,500 in 2020 for benefits, such
Imani and Javier are married and earned a joint income of $120,000 in 2020. They paid a total of $25,500 in 2020 for benefits, such as their health insurance coverage and retirement plan contributions. They paid $8,393 in state and local taxes and donated $2,400 to charity in 2020. They have no other tax deductible expenses and no other special adjustments to their taxable income. Find their taxable income for 2020. Note: The 2020 standard deduction for a married couple filing jointly is $24,800. $95,200 0 $58,907 $83,707 O $69,700
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