1. Jim (age 50) and Martha (age 49) are married with three dependent children. They file a joint return for 2016. Their income from salaries totals $49,500, and they received $10,125 in taxable interest, $5,000 in royalties, and $3,000 in other ordinary income. Jim and Martha's deductions for adjusted gross income amount to $3,200, and they have itemized deductions totaling $13,200.
2. Table for the standard deduction

3. Filing Status	2016 Standard Deduction
   Single	$ 6,300
   Married, filing jointly	12,600
   Married, filing separately	6,300
   Head of household	9,300
   Qualifying widow(er)	12,600

4. Click here to access the tax tables.
5. Calculate the following amounts:

6. a. Gross income	$
   b. Adjusted gross income	$
   c. Itemized deduction or standard deduction amount	$
   d. Number of exemptions
   e. Taxable income	$
   f. Income tax liability	$