use current tax rates, exemptions, and laws. Be sure to show ALL of your work so that I can give you partial credit. Use $2023$ tax law.

Use these instructions: $2023$ Instruction $1040($irs$.$gov$).$

$.$ Jim is $68$ and single and retired. Here is his income.

Social Security Income $15,000$

Chase Interest Income $5,000$

Municipal bond interest $5,000$

Qualifying dividends $5,000$

He has itemized deductions of $$10,000.$ Compute his tax liability.