Question: * * * * * William and Elizabeth are married with three children. Their 2 0 2 1 tax information is as follows: Wages: $

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William and Elizabeth are married with three children. Their 2021 tax information is as follows:
Wages: $105,000
Qualified Business Income from sole proprietorship: $72,000
Itemized deductions: $26,000
Allowable deduction for self-employment tax: $5,350 William and Elizabeth's AGI is $____ and their taxable income is $_____.
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