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Mr. and Mrs. D had the following income items: Mr. Ds salary $ 58,500 Mrs. Ds Schedule C net profit 31,600 Interest income 2,550 Mrs.
Mr. and Mrs. D had the following income items:
Mr. Ds salary | $ | 58,500 | |
Mrs. Ds Schedule C net profit | 31,600 | ||
Interest income | 2,550 | ||
Mrs. Ds self-employment tax was $4,462. The couple had $3,400 itemized deductions and no children or other dependents. Compute their income tax on a joint return. Use Individual Tax Rate Schedules and Standard Deduction Table. (Round your intermediate calculations and final answers to the nearest whole dollar amount.)
AGI______
Taxable income_________
income tax_________
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