Question: * * * * * 1 . Olivia and Noah are married with no children. Their 2 0 2 1 tax information is as follows:

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*
*
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1
.
Olivia and Noah are married with no children. Their
2
0
2
1
tax information is as follows:
Wages: $
8
5
,
0
0
0
Qualified Business Income from sole proprietorship: $
5
2
,
0
0
0
Itemized deductions: $
1
2
,
5
0
0
Allowable deduction for self
-
employment tax: $
3
,
4
0
0
Olivia and Noah's AGI is $
_
_
_
_
and their taxable income is $
_
_
_
_
_
.
2
.
Benjamin and Emily are married with one teenage son. Their
2
0
2
1
tax information is as follows:
Wages: $
5
5
,
0
0
0
Qualified Business Income from sole proprietorship: $
2
8
,
0
0
0
Itemized deductions: $
1
6
,
2
0
0
Allowable deduction for self
-
employment tax: $
2
,
1
5
0
Benjamin and Emily's AGI is $
_
_
_
_
and their taxable income is $
_
_
_
_
_
.
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