Problem $1-6($Algorithmic$)$

The Tax Formula for Individuals, Filing Status and Tax Computation, The Standard Deduction $($LO $1\mathrm{.}3,1\mathrm{.}5,1\mathrm{.}7)$

Diego, age $28,$ married Dolores, age $27,$ in $2023.$ Their salaries for the year amounted to $$73,500$ and they had dividend income of $$2,815.$ Diego and Dolores' deductions for adjusted gross income amounted to $$4,650,$ their itemized deductions were $$16,050,$ and they have no dependents.

Table for the standard deduction

Filing Status Standard Deduction

Single $$13,850$

Married, filing jointly $27,700$

Married, filing separately $13,850$

Head of household $20,800$

Surviving spouse $27,700$

Click here to access the tax tables.

Question Content Area

a$.$ What is the amount of their adjusted gross income?

fill in the blank $1$ of $1$$