Problem 3-42 (Algorithmic) (LO. 5, 6, 9)

David and Ruby are engaged and plan to get married. During 2021, David is a full-time student and earns $8,500 from a part-time job. With this income, student loans, savings, and nontaxable scholarships, he is self-supporting. For the year, Ruby is employed and has wages of $79,200.

a. Compute the following:

	David Filing Single		Ruby Filing Single
Gross income and AGI	$fill in the blank 665a68fb400c022_1		$fill in the blank 665a68fb400c022_2
Standard deduction (single)	fill in the blank 665a68fb400c022_3		fill in the blank 665a68fb400c022_4
Taxable income	$fill in the blank 665a68fb400c022_5		$fill in the blank 665a68fb400c022_6
Income tax	$fill in the blank 665a68fb400c022_7		$fill in the blank 665a68fb400c022_8

b. Assume that David and Ruby get married in 2021 and file a joint return. What is their taxable income and income tax? Round your final answer to nearest whole dollar.

	Married Filing Jointly
Gross income and AGI	$fill in the blank f69ed0fcb067016_1
Standard deduction (married, filing jointly)	fill in the blank f69ed0fcb067016_2
Taxable income	$fill in the blank f69ed0fcb067016_3
Income tax	$fill in the blank f69ed0fcb067016_4

c. How much income tax can David and Ruby save if they get married in 2021 and file a joint return? $fill in the blank f69ed0fcb067016_5