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Mrs. Daku's self-employment tax was $4,705. Mrs. Daku's Schedule C net business profit is qualified business income under Section 199A. The couple have $10,370 itemized

Mrs. Daku's self-employment tax was $4,705. Mrs. Daku's Schedule C net business profit is qualified business income under Section 199A. The couple have $10,370 itemized deductions and no children or other dependents. Compute their income tax on a joint return.Assume the taxable year is 2019.

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Mr. and Mrs. Daku have the following income items. Mr. Daku's salary $ 49,750 Mrs. Daku's Schedule C net profit 33 , 300 Interest income 2, 450 Mrs. Daku's self-employment tax was $4,705. Mrs. Daku's Schedule C net business profit is qualified business income under Section 199A. The couple have $10,370 itemized deductions and no children or other dependents. Compute their income tax on a joint return. Assume the taxable year is 2019. Use Individual Tax Rate Schedules and Standard Deduction Table. (Round your intermediate calculations and final answers to the nearest whole dollar amount.) AGI Taxable Income Income tax

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