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Problem 1 - 6 ( Algorithmic ) The Tax Formula for Individuals, Filing Status and Tax Computation, The Standard Deduction ( LO 1 . 3

Problem 1-6(Algorithmic)
The Tax Formula for Individuals, Filing Status and Tax Computation, The Standard Deduction (LO 1.3,1.5,1.7)
Diego, age 28, married Dolores, age 27, in 2023. Their salaries for the vear amounted to $94,000 and they had dividend incorne of $3,700. Diego and Dolores' deduc $8,240, their itemized deductions were $7,800, and they have no dependents.
Table for the standard deduction
\table[[Filing Status,Standard Deduction],[Single,$13,850
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