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The following information is available for Tyler and Nicole, a married couple filing a joint return, for 2021. Both Tyler and Nicole are age 32

The following information is available for Tyler and Nicole, a married couple filing a joint return, for 2021. Both Tyler and Nicole are age 32 and have no dependents. Tylers Salary $120,000 plus a bonus of Digits (5,4,3,2,1) Nicole is an unemployed artist Interest income $12,000 Ordinary Dividends $(Digit 8),750 Capital Losses $(Digits 8,1),000 Gambling Winnings $(Digits 3,5),600 Do not worry about the phase out of exemptions. Withholding $33,000

a. What is the amount withheld for each element of FICA taxes (Social Security and Medicare)?

b. What is the amount of their adjusted gross income?

c. What is the amount of their taxable income?

d. What is the amount of their tax liability (gross tax)? e. What is the amount of their tax due or (refund due)?

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