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Matt and Meg Comer are married and file a joint tax return. They do not have any children. Matt works as a history professor at

Matt and Meg Comer are married and file a joint tax return. They do not have any children. Matt works as a history professor at a local university and earns a salary of $70,000. Meg works part-time at the same university. She earns $33,000 a year. The couple does not itemize deductions. Other than salary, the Comers only other source of income is from the disposition of various capital assets (mostly stocks).

b. What is the Comers tax liability for 2021 if they report the following capital gains and losses for the year?

I worked on this problem and keep getting $9,130. Not sure what I'm doing wrong on this problem.

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2021 Tax Rate Schedules Individuals Schedule X-Single If taxable income is over: But not over: The tax is: $ 0 S 9.950 10% of taxable income $ 9,950 $ 40,525 $995 plus 12% of the excess over $9.950 $ 40,525 S 86,375 $4,664 plus 22% of the excess over $40.525 $ 86,375 S 164.925 $14.751 plus 24% of the excess over $86,375 $ 164,925 $ 209,425 $33,603 plus 32% of the excess over $164.925 $ 209,425 $ 523,600 S47,843 plus 35% of the excess over $209,425 $ 523,600 $157,804.25 plus 37% of the excess over $523,600 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income is over: But not over: The tax is: $ 0 $ 19,900 10% of taxable income $ 19,900 S 81,050 $1.990 plus 12% of the excess over $19,900 $ 81,050 S 172.750 $9,328 plus 22% of the excess over $81,050 $ 172,750 S 329,850 $29,502 plus 24% of the excess over $172.750 $ 329,850 $ 418.850 567,206 plus 32% of the excess over $329,850 $ 418,850 $ 628,300 $95,686 plus 35% of the excess over $418,850 $ 628,300 $168.993.50 plus 37% of the excess over $628,300 Schedule Z-Head of Household If taxable income is over: But not over: The tax is: $ 0 S 14.200 10% of taxable income $ 14,200 $ 54,200 $1,420 plus 12% of the excess over $14,200 $ 54,200 S 86,350 56,220 plus 22% of the excess over $54,200 $ 86,350 S 164,900 $13,293 plus 24% of the excess over $86,350 $ 164,900 S 209,400 $32.145 plus 32% of the excess over $164.900 $ 209,400 $ 523,600 $46,385 plus 35% of the excess over $209,400 $ 523,600 $156,355 plus 37% of the excess over $523,600 Schedule Y-2-Married Filing Separately If taxable income is over: But not over: The tax is: $ 0 S 9,950 10% of taxable income $ 9,950 $ 40,525 8995 plus 12% of the excess over $ 9,950 $ 40,525 $ 86,375 $4,664 plus 22% of the excess over $40,525 $ 86,375 S 164.925 $14.751 plus 24% of the excess over $86,375 $164.925 $ 209,425 $33,603 plus 32% of the excess over $164.925 $ 209,425 S 314,150 $47.843 plus 35% of the excess over $209,425 $ 314,150 $84.496.75 plus 37% of the excess over $314.150 Tax Rates for Net Capital Gains and Qualified Dividends Rate* 0% Married Filing Jointly SO - $80,800 $80.801 - $501,600 $501.601+ Married Filing Separately $0 - $40,400 $40,401 - $250.800 $250.801+ Taxable Income Single $0 - $40,400 $40,401 - $445,850 $445,851+ Head of Household SO - $54.100 $54.101 - $473,750 S473.751+ Trusts and Estates $0-$2,700 $2.701 - $13,250 $13.251+ 15% 20% *This rate applies to the net capital gains and qualified dividends that fall within the range of taxable income specified in the table (net capital gains and qualified dividends are included in taxable income last for this purpose)

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