Problem 1-5 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 2019. Their salaries for the year amounted to $47,230 and they had interest income of $3,500. Diego and Dolores' deductions for adjusted gross income amounted to $2,000; their itemized deductions were $16,000, and they have no dependents.

Table for the standard deduction

Filing Status	Standard Deduction
Single	$ 12,200
Married, filing jointly	24,400
Married, filing separately	12,200
Head of household	18,350
Qualifying widow(er)	24,400

QUESTION

What is their tax liability for 2019?