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Mr. and Mrs. Daku have the following income items: Mr. Daku's salary Mrs. Daku's Schedule C net profit Interest income $ 52,750 33,000 1,700

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Mr. and Mrs. Daku have the following income items: Mr. Daku's salary Mrs. Daku's Schedule C net profit Interest income $ 52,750 33,000 1,700 Mrs. Daku's self-employment tax was $4,663. Mrs. Daku's Schedule C net business profit is qualified business income (non-service). The couple have $8,870 itemized deductions and no children or other dependents. Required: Compute their income tax on a joint return. Assume the taxable year is 2021. Use Individual Tax Rate Schedules and Standard Deduction Table. (Round your intermediate calculations and final answers to the nearest whole dollar amount.) Answer is complete but not entirely correct. Amount AGI $ 85,119 Taxable Income $ 53,419 x Income tax 6,012

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