Mr. and Mrs. Lovejoy are married filing jointly, with no dependent children. Mr. Lovejoy worked for Smart Tech Corporation January through March and for Computer Associates the remainder of the year. Mrs. Lovejoy finished her degree in November and immediately began as an associate with Smith and Weber. They report the following information for 2021.

Compute net tax liability (after credits).

If taxable income is Not over $19,900 Over $19,900 but not over $81,050 Over $81,050 but not over $172.750 Over $172,750 but not over $329,850 Over $329,850 but not over $418,850 Over $418,850 but not over $628,300 Over $628,300 The tax is 10% of taxable income $1,990.00 +12% of excess over $19,900 $9,328.00 +22% of excess over $81,050 $29.502.00 +24% of excess over $172.750 $67,206.00 - 32% of excess over $329,850 $95.686.00 + 35% of excess over $418.850 $168.993.50 +37% of excess over $628,300 + Married filing jointly and surviving spouses Married filing separately Head of household Single $25,100 12,550 18.800 12,550