Question: I don't know if my answer is right Use the 2021 marginal tax rates to compute the income tax owed by the following couple. Filing
I don't know if my answer is right
Use the 2021 marginal tax rates to compute the income tax owed by the following couple. Filing status: married filing jointly Gross income: $157,000 Adjustments: $21,500 Deductions: $4710 state taxes $10,700 mortgage interest $5400 property taxes $16,500 charitable contributions Tax credit: $7600 iClick the icon to view the 2021 marginal tax rates. The income tax owed is $ 5498.80 (Type an integer or a decimal. Round to the nearest cent as needed.)
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