Mr. and Mrs. Daku had the following income items: Mr. Daku's salary Mrs. Daku's Schedule...
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Accounting
Mr. and Mrs. Daku had the following income items: Mr. Daku's salary Mrs. Daku's Schedule C net profit Interest income 46,750 51,300 2,300 Doia denonde Rehes Mrs. Daku's self-employment tax was $7,248. Mrs. Daku's Schedule C net business profit is qualified business income under Section 199A. The couple had $10,070 itemized deductions and no children or other dependents. Compute their income tax on a joint return. Assume the taxable year is 2018. Use Individual Tax Rate Schedules and Standard Deduction Table. (Round your intermediate calculations and final answers to the nearest whole dollar amount.) AGI Taxable Income Income tax
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