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Toby and Nancy are engaged and plan to get married. Toby is a full-time student and earns $7, 600 from a part-time job. With the

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Toby and Nancy are engaged and plan to get married. Toby is a full-time student and earns $7, 600 from a part-time job. With the income, student loans, savings, and nontaxable scholarships, he is self-supporting. For the year, Nancy is employed and reports $66, 200 in wages. The personal excerption amount for 2016 is $4, 050. Click here to access the standard deduction table to use. click here to access the Tax Rate Schedules. If an amount is zero, enter, "0". Do not round your intermediate computations. Round your final answer to nearest whole dollar. Compute the following: Assume that Toby and Nancy get married in 2016 and file a joint return. What is their taxable income and income tax? Round your final answer to nearest whole dollar

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