Mr. and Mrs. Wilson are married with one dependent child. They report the following information for 2018:

Schedule C net profit	$	66,650
Interest income from certificate of deposit (CD)		2,100
Self-employment tax on Schedule C net profit		9,418
Dividend eligible for 15% rate		12,000
Mrs. Wilson's salary from Brants Company		75,000
Dependent care credit		500
Itemized deductions		27,000

Compute AGI, taxable income, and total tax liability (including self-employment tax). Assume that Schedule C net profit is qualified business income under Section 199A. Assume the taxable year is 2018. Use Individual Tax Rate Schedules and Standard Deduction Table. (Do not round intermediate computations. Round your final answers to the nearest whole dollar amount.)

INDIVIDUAL TAX RATES Married Filing Jointly and Surviving Spouse If taxable income is: The tax is: Not over $19,050 Over $19,050 but not over $77,400 Over $77,400 but not over $165,000 Over $165,000 but not over $315,000 Over $315,000 but not over $400,000 Over $400,000 but not over $600,000 Over $600,000 10% of taxable income $1 ,905.00 + 1 2% of excess over $ 1 9,050 $8,907.00 22% of excess over $77,400 $281 79.00 + 24% of excess over $ 1 65,000 $641 79.00 + 32% of excess over $31 5,000 $91,379.00 + 35% of excess over $400,000 $ 1 6 1 ,379.00 + 37% of excess over $600,000 Marrled Fling Separately If taxable income is: Not over $9,525 Over $9,525 but not over $38,700 Over $38,700 but not over $82,500 Over $82,500 but not over $157,500 Over $157,500 but not over $200,000 Over $200,000 but not over $300,000 Over $300,000 The tax is: 10% of taxable income $952.50+ 12% of excess over $9,525 4,453.50 + 22% of excess over $38,700 $14,089.50 + 24% of excess over $82,500 $32,089.50 + 32% of excess over $157,500 $45,689.50 + 35% of excess over $200,000 $80,689.50 + 37% of excess over $300,000 Heads of Household If taxable Income Is: Not over $13,600 Over $13,600 but not over $51,800 Over $51,800 but not over $82,500 Over $82,500 but not over $157,500 Over $157,500 but not over $200,000 Over $200,000 but not over $500,000 Over $500,000 The tax Is: 10% of taxable income $1.360.00 + 1 2% of excess over $13,600 $5,944.00 + 22% of excess over $51 ,800 $12,698.00 + 24% of excess over $82,500 $30,698.00 + 32% of excess over $157,500 $44,298.00 + 35% of excess over $200,000 $1 49,298.00 + 37% of excess over $500,000 Single If taxable income is: Not over $9,525 Over $9,525 but not over $38,700 Over $38,700 but not over $82,500 Over $82,500 but not over $157,500 Over $157,500 but not over $200,000 Over $200,000 but not over $500,000 Over $500,000 The tax is: 10% of taxable income $952.50 + 12% of excess over $9,525 $4,453.50 22% of excess over $38,700 $14,089.50 + 24% of excess over $82,500 $32,089.50 32% of excess over $157,500 $45,689.50 35% of excess over $200,000 $150,689.50 + 37% of excess over $500,000 ESTATE AND TRUST TAX RATES If taxable Income Is: Not over $2,550 Over $2,550 not over $9.150 Over $9,150 not over $12,500 Over $12,500 The tax Is: 10% of taxable income $255 + 24% of the excess over $2,550 $ 1 ,839 + 35% of the excess over $9,150 $301 1 .50 + 37% of the excess over $ 1 2,500