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*need Requirement B and Requirement C to be solvedStandard Deduction Table:Married filing jointly and surviving spouses $25,100Married filing separately 12,550Head of household 18,800Single 12,550Individual Tax

*need Requirement B and Requirement C to be solvedStandard Deduction Table:Married filing jointly and surviving spouses $25,100Married filing separately 12,550Head of household 18,800Single 12,550Individual Tax Rate Schedules:Married Filing Jointly and Surviving SpouseIf taxable income isNot over $19,900Over $19.900 but not over $81.050Over $81,050 but not over $172.750Over $172.750 but not over $329.850Over $329.850 but not over $418.850Over $418,850 but not over $628,300Over $628,300

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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. Use Individual Tax Rate Schedules and Standard Deduction Table: Mr. Lovejoy's salary from Smart Tech $ 32,000 Mr. Lovejoy's salary from Computer Associates 142, 000 Mrs. Lovejoy's salary from Smith and Weber 15 , 550 Interest from savings account 700 Itemized deductions 9, 000 Dividends eligible for 15% rate 2, 200 Required: a. Compute AGI. b. Compute taxable income. c. Compute net tax liability (after credits). Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute taxable income. Taxable Income

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