Problem 9-24 (Algorithmic) (LO. 4, 5)

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Preston and Anna are engaged and plan to get married. During 2022, Preston is a full-time student and earns $7,600 from a part-time job. With this income, student loans, savings, and nontaxable scholarships, he is self-supporting. For the year, Anna is employed and has wages of $77,000.

Click here to access the standard deduction table to use. Click here to access the Tax Rate Schedules. If an amount is zero, enter, "0". Do not round your intermediate computations. Round your final answer to nearest whole dollar. a. Compute the following:

	Preston Filing Single		Anna Filing Single
Gross income and AGI	7,600		77,000
Standard deduction (single)	12950		12950
Taxable income	0		64050
Income tax	0

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b. Assume that Preston and Anna get married in 2022 and file a joint return. What is their taxable income and income tax? Round your final answer to nearest whole dollar.

	Married Filing Jointly
Gross income and AGI	84,600
Standard deduction (married, filing jointly)	25,900
Taxable income	58,700
Income tax

c. How much income tax can Preston and Anna save if they get married in 2022 and file a joint return?

I need help figuring out the income tax, it is really confusing. Please explain this in detail.