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Part II Income Tax Computation ( 2 5 points ) Quentin and Rachel are married and file a joint return. They both turned 6 7
Part II Income Tax Computation points
Quentin and Rachel are married and file a joint return. They both turned years old in
Their income consisted of the following:
Taxable private pensions $
Interest on corporate bonds
Interest on Pennsylvania highway bonds
Social Security benefits
They do not itemize their deductions.
a How much private pension income is included in their gross income?
b How much interest income is included in their gross income?
c How much Social Security income is included in their gross income?
d What is their adjusted gross income?
e What is their standard deduction?
f What is their taxable income?
g What is their income tax?
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