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Taxpayer and Spouse are a married couple filing jointly. For the taxable year, they report the following items of gross income, claims the standard deductions,
Taxpayer and Spouse are a married couple filing jointly. For the taxable year, they report the following items of gross income, claims the standard deductions, reports no For AGI deductions, and is not eligible for a QBID or any tax credits. Determine the coupe's income tax liability.
- Salary of $101,150
- Qualified dividends of $11,000
A) $11,022
B) $10,172
C) $8,822
D) $10,472
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