Kevin is 66 years old and his wife, Sally, is 58 years old. Kevin is retired and receives Social Security in the amount of $10,000 per year. Sally withdrew $12,000 from her IRA. Kevin and Sally are filing a joint return; they have no other income to report. 

What is their tax liability?

Answer rating: 100% (QA)

To calculate Kevin and Sallys tax liability we need to consider their filing status income deduction... View the full answer