manda, who is an executive on the wall Street, earns $500,000 in annual wages. Calculate her tax liability.

Mike works for an IT company and earns $150,000 in annual income. He also earned $10,000 in interest income. Mike also sold HP common stock for $25,000 that he had purchased 8 months ago for $150,000. Calculate Mike's tax liability.

Amanda and Mike are married and they need to know if their joint return would lower their tax liability. calculate their tax liability on the joint return.