Question: Olem 3-39 (Algorithmic) (LO. 5, 6, 9) vid and Ruby are engaged and plan to get married. During 2020, David is a full-time student and

Olem 3-39 (Algorithmic) (LO. 5, 6, 9) vid and Ruby are engaged and plan to get married. During 2020, David is a full-time student and h this income, student loans, savings, and nontaxable scholarships, he is self-supporting. For the $63,800. ick here to access the standard deduction table to use. Click here to access the Tax Rate nter, "0". Do not round your intermediate computations. Round your final answer to nea . Compute the following: Gross income and AGI Standard deduction Taxable income Income tax Feedback David Ruby Filing Single Filing Single 6,700 $ 63,800 12,400 12,400 0 $ 51,400 0 $ 3,630 X Single-Schedule X If taxable 2020 Tax R income is: But not Over- over- The tax is: of the amount over- $ 0 $ 9,875 .........10% $ 0 9,875 40,125 $ 987.50 + 12% 9,875 40,125 85,525 4,617.50 +22% 40,125 85,525 163,300 14,605.50 + 24% 85,525 163,300 207,350 33,271.50+ 32% 163,300 tv I 207,350 518,400 47,367.50 + 35% 207,350 518,400 156,235.00 + 37% 518,400 Married filing jointly or Qualifying widow(er) Schedule Y-1 If taxable of the

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