Red and Kit Fox are a married coup,e with one child. Total wages for the year were $99,350 with itemized deductions of $17,850. A long-term capital gain of $4,000 was realized along with $1,550 in interest income and $500 in dividend income. A short-term capital gain of $7,000 was also made and the couple qualifies for a child tax credit of $2,000. Also, $10,000 in Roth IRA contributions were made for the year. Calculate the tax liability, MTR and ATR.

Gross income:

Adjustments:

Adjusted gross income:

Standard/itemized deduction:

Subtotal:

Personal exemption:

Taxable income:

Tax liability:

Average/ Marginal tax rates:

\begin{tabular}{|c|c|c|c|c|} \hline 00000 & % & 0568908 & - & 00000 \\ \hline 000002 & \%SE & OS 689St & 00000 & 00000z \\ \hline 005SI & & OS' 680Z & 000002 & 00SSI \\ \hline 00528 & %z & OS 680I & 00SSI & 00528 \\ \hline 00L8E & %22 & OS'ESD' & 00s28 & 00L8 \\ \hline sis6 & \%RI & 05256 & 00L8 & szs'6 \\ \hline 0 & %0I & 0 & SZS'6 & 0 \\ \hline \begin{tabular}{c} sano \\ zunowe \\ ayt to \end{tabular} & snid & s! xe? . & \begin{tabular}{c} Jano \\ pou ing \end{tabular} & \begin{tabular}{l} Lano \\ wou! \\ |qexe 1 \end{tabular} \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline 000005 & % & 86Z6bI & - & 00000s \\ \hline 00000z & & 86Zb0 & 000005 & 000002 \\ \hline 00SSI & %2 & 8690 & 000002 & 00SSI \\ \hline 00sz8 & & 869ZI & 00SSI & 00s28 \\ \hline 008 IS & %22 & & 00s28 & 008 tS \\ \hline 009EI & \%2I & 09 & 008ts & 009I \\ \hline 0 & %0T & 0 & 009I & 0 \\ \hline \begin{tabular}{c} sano \\ zunoue \\ ay 10 \end{tabular} & snid & s! xes 4.1. & \begin{tabular}{c} Jano \\ tou zng \end{tabular} & \begin{tabular}{c} Jano \\ s! uoou| \\ qexe 1 \end{tabular} \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline 000005 & % & 0S 68905I & - & 000005 \\ \hline 00000z & %5 & 0S689Sb & 00000s & 000002 \\ \hline 00SSI & % & OS 680Z & 000002 & 00SSI \\ \hline 00528 & & 05680t & 00SSI & 00s28 \\ \hline 00L8 & & 0SStt & 00528 & 00L8 \\ \hline szs'6 & & 0s2256 & 00L8 & 5256 \\ \hline 0 & %0I & 0 & S2S 6 & 0 \\ \hline & snld & & \begin{tabular}{l} Jano \\ jou ang \end{tabular} & \\ \hline \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline 000ZIS & 059$ & \\ \hline 0008IS & 056$ & PlsnOH j \\ \hline 000 o 2$ & 00LI$ & Kpulor gully pajew \\ \hline & & u!npa puepueas \\ \hline 0 & OSO'ts & junoury se \\ \hline & & uondwax 3 |Euosiad \\ \hline 8TOZ & TOZ & \\ \hline \end{tabular}