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Use the 2021 marginal tax rates to compute the income tax owed by the following couple. Filing status: married filing jointly Gross income: $153,000 Adjustments:
Use the 2021 marginal tax rates to compute the income tax owed by the following couple.
Filing status: married filing jointly
Gross income: $153,000
Adjustments: $21,500
Deductions: $4590 state taxes
$10,700 mortgage interest
$5400 property taxes
$14,500 charitable contributions
Tax credit: $7600
The income tax owed is $_________
(Type an integer or a decimal. Round to the nearest cent as needed.)
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