Question: Please show answer step by step with calculation. tax liability is not 32483. it is not 32098 and it is not 23053. Thank you Thomas
Please show answer step by step with calculation. tax liability is not 32483. it is not 32098 and it is not 23053. Thank you

Thomas and Dorothy, who file a joint tax return, have taxable income of $147,000 before the following sales of stock: What is Thomas and Dorothy's new taxable income and tax liability? (Round answers to 0 decimal places, e.g. 125.) Taxable income \$ Tax liability $
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