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Problem 1 - 3 The Tax Formula for Individuals ( LO 1 . 3 ) Rahul and Ruby are married taxpayers. They are both under

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Problem 1-3
The Tax Formula for Individuals (LO 1.3)
Rahul and Ruby are married taxpayers. They are both under age 65 and in good health. For 2023, they have a total of $43,000 in wages and $300 in interest income. Rahul and Ruby's deductions for adjusted gross income amount to $6,000 and their itemized deductions equal $26,000. They have two children, ages 32 and 28, that are married and provide support for themselves.
Table for the standard deduction
\table[[Filing Status,Standard Deduction],[Single,$13,850
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