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Mr. and Mrs. L are married with no dependent children. Mr. L worked for Smart Tech Corporation Computer Associates the remainder of the year. Mrs.
Mr. and Mrs. L are married with no dependent children. Mr. L worked for Smart Tech Corporation Computer Associates the remainder of the year. Mrs. L finished her degree in November and immediately began as an associate with Smith and Weber. They report the following information for 2017. Use Individual Tax Rate Schedules and Standard Deduction Table Mr. L's salary from Smart Tech Mr. L's salary from Computer Associates Mrs. L's salary from Smith and Weber Interest from savings account Itemized deductions Dividends eligible for 15% rate 32,00 122,000 15,5se 700 9,000 ,200 2 a. Compute AGI. b. Compute taxable income. c. Compute net tax liability (after credits) if they file a joint return s below. Complete this question by entering your answers in the tab Required A Required B Required C Compute AGI Next >
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