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The Smiths ( married filing jointly filing status ) have calculated their taxable income to be $ 1 1 8 , 0 0 0 for

The Smiths (married filing jointly filing status) have calculated their taxable income to be $118,000 for 2023, which includes $2,000 of longterm capital gains (which are eligible for a preferential 15% capital gains tax rate). Using the tax rate schedule (below) for married filing jointly, calculate the Smiths total income tax liability.
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