Love Data table - X a zero balar 00 00 Roberts Falbos Salary (earned by one spouse) $ 36,000 $ 105,000 Taxable interest Income 90 900 Deductible IRA contribution 0 6,000 Itemized deductions 500 28,500 Withholding 8,800 The Roberts made no charitable contributions, but $9,000 of the Falbos' itemized deductions are charitable contributions 00 500 00 500 Print Done Points: 0 of 2 the Married filing jointly filing status.) Reference - X con Married, Filing Joint and Surviving Spouse If taxable income is: The tax is: Not over $19,900 10% of taxable income Over $19,900 but not over $81,050 .....51,990.00 + 12% of the excess over $19,900 Over $81,050 but not over $172,750 $9,328.00 -22% of the excess over $81,050. Over $172,750 but not over $329,850 $29,502.00 +24% of the excess over $172,750 Over $329,850 but not over $418,850 ... $67,206,00 + 32% of the excess over $329,850. Over $418,850 but not over $628,300 ... 595,686,00 -35% of the excess over $418,850, Over $628,300 $168,993,50 + 37% of the excess over $628,300. 0 bf the Fa Seductia Print Done uples edule for the Married filing jointly filing status.) Reference $ 25.100 $ 18.800 STANDARD DEDUCTION Filing Status Married individuals filing joint returns and surviving spouses Heads of households Unmarried individuals (other than surviving spouses and heads of households) Married individuals filing separate returns Additional standard deduction for the aged and the blind; Individual who is married and surviving spouses Additional standard deduction for the aged and the blind; Individual who is unmarried and not a surviving spouse Taxpayer claimed as dependent on another taxpayer's return: Greater of (1) earned Income plus $350 or (2) 51.100. These amounts are $2,700 and $3,400, respectively, for a taxpayer who is both aged and blind. $ 12,550 $ 12,550 $1,350" $1,700 Print Done Calculator Clear Ask my instructor The following information relates to two married couples: (Click the icon to view the information.) (Click the icon to view the 2021 tax rate schedule for the Married filing jointly filing status.) (Click the icon to view the standard deduction amounts.) Read the requirement. Begin by computing taxable income for each couple. (Complete all input fields. Enter "O" for accounts with a zero balance.) Roberts Falbos Salary 36000 105000 90 900 Taxable interest income Minus: IRA contribution 0 6000 99900 36090 Adjusted gross income Minus: Greator of standard deduction or itemized deductions 500 28500 Adjusted gross income Gross income Minus: Greater of standard deduction or itemized deductions Minus IRA contribution Salary Taxable interest Income
