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Steve (age 40) and Edie (age 39) Brady are married. Steve works as a retail manager and Edie is a self-employed architect but does not maintain a home office. Their 2016 tax and other information are as follows:

Salary Steve	60,000
Federal withholding on salary	10,000
State withholding on salary	3,000
Interest income on municipal bonds:
State of Connecticut	1,000
Savings account interest	1,500
Dividends from RGR, Inc. (all are non-qualified)	4,500
Value of employer provided medical insurance	3,000
Inheritance from Steves fathers estate	9,000
Interest paid on personal car loan	1,800
Interest paid on personal loan	1,100
Child support paid to Steves ex-wife	10,000
Alimony paid to Steves ex-wife	6,000
Qualified Out of Pocket Medical Expenses	3,700
Donations to church Real Estate taxes on primary residence	2,200 6,000
Mortgage interest on primary residence (<$1M)	4,000
Edies business revenues	58,000
Edies business expenses	25,000

Required: Using the tax formula format, determine the following for the Bradys 2016 tax year (show all calculations):

All Income $___________

Exclusions (if any) $ ___________

Gross income (including Edies SE income) $ ___________

Deductions For AGI $ ___________

Adjusted gross income $ ___________

Itemized deduction or standard deduction amount $ ___________

Deduction for exemptions $ ___________

Taxable income $ ___________

Income tax liability $ ___________

Self-employment tax liability $ ___________

Net tax due or refund (show calculation) $ ___________

Remember: This is for the 2016 tax year. You must use appropriate 2016 amounts for standard deduction, exemptions, and tax calculations.