This uz: 14 pts possible Taxable income. Nick and Nora are married and file jointly. They have an adjusted gross income of $50,800. They have temized deductions of $23,100. However, for 2018 the standard deduction is $24,000 for married filing jointly. Nick and Nora's tomized deductions increase by 54700 how will their taxable income be affected? Nick and Nora have itemized deductions of sand the standard deduction for married fling jointly is Therefore, Nick and Nora should use the (Round to the nearest dollar and select from the drop-down menu.) Nick and Nora's taxable income is $. (Round to the nearest dollar.) If Nick and Nora's itemized deductions increase by $4,700, the new itemized deductions amount is $. (Round to the nearest dolar) Now, Nick and Nora have itemized deductions of $and the standard deduction for married filing jointly is $. Therefore, Nick and Nora should use Enter your answer in each of the answer boxes. 133=11564 284 1+ 78