In 2021, a professional couple filling together earned a gross income of $234,000 per year. The itemized deduction they can claim are as follows: Interest on mortgage: $18,530 Moving expenses: $8,350 (they relocated to take up new jobs) Professional registrations: $2,500 Home office expenses: $6,500 (they had to work from home because of COVID) Help them estimate the federal taxes owed, given the tax rate schedule below. Note that the standard deduction for 2021 for couples filling jointly is $25,100.