Mr. and Mrs. S have the following income items:

Mr. Ss Schedule C net profit	$	91,320
Mrs. Ss Schedule C net loss		(7,480	)
Mrs. Ss taxable pension		12,300

Mr. Ss self-employment tax was $12,903. The couple had $13,050 itemized deductions. They provide 100 percent of the financial support of Mr. Ss 82-year-old mother, who resides in their home. Compute the couples income tax on a joint return. Use Individual Tax Rate Schedulesand Standard Deduction Table. (Round your intermediate calculations and final answers to the nearest whole dollar amount.)

AGI:

Taxable income:

Income tax:

INDIVIDUAL TAX RATE SCHEDULES Married Filing Jointly and Surviving Spouse The tax is: If taxable income is: Not over $18,550 10% of taxable income Over $18,550 but not over $75,300 $1,855.00 15% of excess over $18,550 Over $75,300 but not over $151,900 $10,367.50 25% of excess over $75,300 Over $151,900 but not over $231,450 $29,517.50 28% of excess over $151,900 Over $231,450 but not over $413,350 $51,791.50 33% of excess over $231,450 Over $413,350 but not over $466,950 $111,818.50 35% of excess over $413,350 $130,578.50 39.6% of excess over $466,950 Over $466,950 Married Filing Separately If taxable income is: The tax is: 10% of taxable income Not over $9,275 $927.50 15% of excess over $9,275 Over $9,275 but not over $37,650 Over $37,650 but not over $75,950 $5,183.75 25% of excess over $37,650 Over $75,950 but not over $115,725 $14,758.75 28% of excess over $75,950 Over $115,725 but not over $206,675 $25,895.75 33% of excess over $115,725 Over $206,675 but not over $233,475 $55,909.25 35% of excess over $206,675 $65,289.25 39.6% of excess over $233,475 Over $233,475 Heads of Household If taxable income is: The tax is: 10% of taxable income Not over $13,250 1,325.00 15% of excess over $13,250 Over $13,250 but not over $50,400 $6,897.50 25% of excess over $50,400 Over $50,400 but not over $130,150 $26,835.00 28% of excess over $130,150 Over $130, 150 but not over $210,800 $49,4 17.00 33% of excess over $210,800 Over $210,800 but not over $413,350 Over $413,350 but not over $441,000 $116,258.50 35% of excess over $413,350 Over $441,000 $125,936.00 39.6% of excess over $441,000 Single If taxable income is: The tax is: Not over $9,275 10% of taxable income Over $9,275 but not over $37,650 $927.50 15% of excess over $9,275 Over $37,650 but not over $91,150 $5,183.75 25% of excess over $37,650 Over $91,150 but not over $190,150 $18,558.75 28% of excess over $91,150 Over $190, 150 but not over $413,350 $46,278.75 33% of excess over $190,150 Over $413,350 but not over $415,050 $119,934.75 35% of excess over $413,350 $120,529.75 39.6% of excess over $415,050 Over $415,050