Use the 2021 marginal tax rates to compute the income tax owed by the following couple.

Filing status: married filing jointly

Gross income: 156,000

Adjustments: $21,400

Deductions: $4680 state taxes

$10,700 mortgage interest

$5300 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.)

2021 Marginal Tax Rates