The Tax Formula for Individuals, Filing Status and Tax Computation, The Standard Deduction (LO 1.3, 1.5, 1.7) Diego, age 28, married Dolores, age 27, in 2022. Their salaries for the year amounted to $48,000, They had dividend income of $2,500. Diego and Dolores' deductions for adjusted gross income amounted to $3,000, their itemized deductions were $16,000, and they have no dependents: Table for the standard deduction Click here to access the tax tables. a. What is the amount of their adfusted gross income? b. In order to minimize taxable income, Diego and Dolores will in the amount of $ Feedhack Check My Work Incartect c. What is the amount of their taxable income? Freduck Theck. My Work incotrect d. Assumina no tax credits apply, what is their tax liability for 2022? The Tax Formula for Individuals, Filing Status and Tax Computation, The Standard Deduction (LO 1.3, 1.5, 1.7) Diego, age 28, married Dolores, age 27, in 2022. Their salaries for the year amounted to $48,000, They had dividend income of $2,500. Diego and Dolores' deductions for adjusted gross income amounted to $3,000, their itemized deductions were $16,000, and they have no dependents: Table for the standard deduction Click here to access the tax tables. a. What is the amount of their adfusted gross income? b. In order to minimize taxable income, Diego and Dolores will in the amount of $ Feedhack Check My Work Incartect c. What is the amount of their taxable income? Freduck Theck. My Work incotrect d. Assumina no tax credits apply, what is their tax liability for 2022