In 2019, Janet and Ray are married filing jointly. They have five dependent children under 18 years of age.Janet and Ray's taxable income is $2,400,000, and they itemize their deductions as follows: state income taxes of $10,000, and mortgage interest expense of $25,000(acquisition debt of $300,000). UseExhibit 8-5.andTax Rate Schedulefor reference.

Download the Tax Form and enter the required values in the appropriate fields.

Please right click on the attached Adobe document and select open in new window. Then, download the Tax Form and enter the required values in the appropriate fields. Save your completed Tax Form to your computer and then upload it here by clicking "Browse." Next, click "Save." Use 2019 tax rules regardless of year on tax form.