Alex and Addison are married and have the following income items: $ 57,000 31,700 2,400 Alex's...

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Alex and Addison are married and have the following income items: $ 57,000 31,700 2,400 Alex's salary Addison's Schedule C net profit Interest income Addison's self-employment tax was $4,479. Addison's Schedule C net business profit is qualified business income (non-service). The couple have $10,270 itemized deductions and no children or other dependents. Required: Compute their income tax on a joint return. Assume the taxable year is 2022. Use Individual Tax Rate Schedules and Standard Deduction Table Note: Round your intermediate calculations and final answers to the nearest whole dollar amount. AGI Taxable Income Income Tax Amount $ 88,861 Individual Tax Rate Schedules Married Filing Jointly and Surviving Spouse If taxable income is Not over $20,550 Over $20,550 but not over $83,550 Over $83,550 but not over $178,150 Over $178,150 but not over $340,100 Over $340,100 but not over $431,900 Over $431,900 but not over $647,850 Over $647,850 Married Filing Separately If taxable income is Not over $10,275 Over $10,275 but not over $41,775 Over $41,775 but not over $89,075 Over $89,075 but not over $170,050 Over $170,050 but not over $215,950 Over $215,950 but not over $323,925 Over $323,925 Head of Household 4 If taxable income is Not over $14,650 Over $14,650 but not over $55,900 Over $55,900 but not over $89,050 Over $89,050 but not over $170,050 Over $170,050 but not over $215,950 Over $215,950 but not over $539,900 Over $539,900 The tax is 10% of taxable income $2,055.00+12% of excess over $20,550 $9,615.00 +22% of excess over $83,550 $30,427.00 +24% of excess over $178,150 $69,295.00+32% of excess over $340,100 $98,671.00 +35% of excess over $431,900 $174.253.50 +37% of excess over $647,850 The tax is 10% of taxable income $1,027.50+12% of excess over $10,275 $4,807.50 +22% of excess over $41,775 $15,213.50 +24% of excess over $89,075 $34,647.50 32% of excess over $170,050 $49,335.50 +35% of excess over $215,950 S87,126.75 +37% of excess over $323,925 The tax is 10% of taxable income $1,465.00+12% of excess over $14,650 $6.415.00 +22% of excess over $55,900 $13,708.00 +24% of excess over $89,050 $33,148.00+32% of excess over $170,050 $47,836.00+35% of excess over $215.950 $161.218.50 +37% of excess over $539,900 Married filing jointly and surviving spouses Married filing separately Head of household Single 4 $25,900 12.950 19,400 12,950 Alex and Addison are married and have the following income items: $ 57,000 31,700 2,400 Alex's salary Addison's Schedule C net profit Interest income Addison's self-employment tax was $4,479. Addison's Schedule C net business profit is qualified business income (non-service). The couple have $10,270 itemized deductions and no children or other dependents. Required: Compute their income tax on a joint return. Assume the taxable year is 2022. Use Individual Tax Rate Schedules and Standard Deduction Table Note: Round your intermediate calculations and final answers to the nearest whole dollar amount. AGI Taxable Income Income Tax Amount $ 88,861 Individual Tax Rate Schedules Married Filing Jointly and Surviving Spouse If taxable income is Not over $20,550 Over $20,550 but not over $83,550 Over $83,550 but not over $178,150 Over $178,150 but not over $340,100 Over $340,100 but not over $431,900 Over $431,900 but not over $647,850 Over $647,850 Married Filing Separately If taxable income is Not over $10,275 Over $10,275 but not over $41,775 Over $41,775 but not over $89,075 Over $89,075 but not over $170,050 Over $170,050 but not over $215,950 Over $215,950 but not over $323,925 Over $323,925 Head of Household 4 If taxable income is Not over $14,650 Over $14,650 but not over $55,900 Over $55,900 but not over $89,050 Over $89,050 but not over $170,050 Over $170,050 but not over $215,950 Over $215,950 but not over $539,900 Over $539,900 The tax is 10% of taxable income $2,055.00+12% of excess over $20,550 $9,615.00 +22% of excess over $83,550 $30,427.00 +24% of excess over $178,150 $69,295.00+32% of excess over $340,100 $98,671.00 +35% of excess over $431,900 $174.253.50 +37% of excess over $647,850 The tax is 10% of taxable income $1,027.50+12% of excess over $10,275 $4,807.50 +22% of excess over $41,775 $15,213.50 +24% of excess over $89,075 $34,647.50 32% of excess over $170,050 $49,335.50 +35% of excess over $215,950 S87,126.75 +37% of excess over $323,925 The tax is 10% of taxable income $1,465.00+12% of excess over $14,650 $6.415.00 +22% of excess over $55,900 $13,708.00 +24% of excess over $89,050 $33,148.00+32% of excess over $170,050 $47,836.00+35% of excess over $215.950 $161.218.50 +37% of excess over $539,900 Married filing jointly and surviving spouses Married filing separately Head of household Single 4 $25,900 12.950 19,400 12,950