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John and Georgia are married, file jointly, and have three dependents (qualifying children ages 13,16 , and 18). They have salaries of $130,000, a capital

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image text in transcribed John and Georgia are married, file jointly, and have three dependents (qualifying children ages 13,16 , and 18). They have salaries of $130,000, a capital loss of $8,000, and tax-exempt interest income of $1,000. They paid home mortgage interest of $10,000, state income taxes of $4,000, property taxes of $2,800, medical expenses of $3,000, and charitable contributions of $5,000. Federal income taxes of $11,000 were withheld from their paychecks. (The tax year is 2023.) View the standard deduction amounts. View the 2023 tax rate schedule for the Married filing.jointly filing status. Requirement Compute the additional tax due or refund they have when filing their tax return. Begin by computing their taxable income. (If an input field is not used in the table leave the field empty; do not select a label or enter a zero. Enter a "0" for amounts with a zero balance. Use parentheses or a minus sign to enter a loss.) Married Filing Joint Tax Rate Schedule Standard Deduction Amounts

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