Problem $10-37($LO$.2,3,4,5,7,8)$

Bart and Elizabeth Forrest are married and have no dependents. They have asked you to advise them whether they should file jointly or

separately in $2023.$ Bart incurred some significant medical expenses during the year related to an unexpected surgery. They present you

with the following information:

If they file separately, Bart and Elizabeth will split the real estate tax and mortgage interest deductions equally.

If an amount is zero, enter $"0".$ Do not round your intermediate tax computations but round your final tax answers to the

nearest dollar. Round all other computations to the nearest dollar.

Complete the comparison table through AGI, then compute the total amount of the itemized deductions on the separate schedule before

completing the remainder of the table.

Click here to access the $2023$ tax rate schedule. Comparison of Joint and Separate Tax Liabilities

Tax Year $20232023$ Tax Rate Schedules