Can u help me with this problem? Blake and Valerie (both age 30) are married with one dependent child (age 5). On the basis of the following information, compute the Meyers' federal income tax (including any AMT) on their joint return. Blake's gross salary from his corporate employer was $70,000 and his Section 401k contribution was $6,300. Valerie owns 16 percent GuiTech outstanding stock. Her pro rata share of GuiTech's ordinary business income was $13,790, her pro rata share of GuiTech's net loss from rental real estate was $8,100 and she received a $12,000 cash gift from his grandmother. Blake received a $12,000 cash gift from his grandmother. Valerie won $6,400 in the Maryland state lottery. The Meyers received a distribution from their investment in Pawnee Mutual Fund that consisted of a $712 qualifying dividend and a $3,020 long term capital gain. Blake paid $12,000 alimony to a former spouse The Meyers paid $14,200 home mortgage interest on acquisition debt and $2,780 property tax on their personal residence. The Meyers paid $7,000 stste income tax and $4,200 state and local sales tax. Valerie contributed $1,945 to the First Baptist Church. On the basis of the above information, compute the Meyer's federal income tax (including any AMT) on their joint return. Assume the taxable year is 2017. Use the Individual tax rate schedules and Standard deduction table.

Married filing jointly and surviving spouses Married filing separately Head of household Single $12,700 6,350 9,350 6,350