David and Ruby are engaged and plan to get married. During 2024, David is a...

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Accounting

David and Ruby are engaged and plan to get married. During 2024, David is a full-time student and earns $9,400 from a part-time job. With this income, student loans, savings, and nontaxable scholarships, he is se lf supporting. For the year, Ruby is employed and her wages are $85,160 a. Compute the following:
David
Filing Single Ruby
Filing Single
Gross income and AGI $fill in the blank d767710c1fe800d_1
9,400
$fill in the blank d767710c1fe800d_2
55,000
Standard deduction (single) fill in the blank d767710c1fe800d_3
12,500
fill in the blank d767710c1fe800d_4
12,500
Taxable income $fill in the blank d767710c1fe800d_5
0
$fill in the blank d767710c1fe800d_6
42,450
Income tax $fill in the blank d767710c1fe800d_7
0
$fill in the blank d767710c1fe800d_8
0
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b. Assume that David and Ruby get married in 2024 and file a joint return. What is their taxable income and income tax? Round your final answer to the nearest whole dollar.
Married
Filing Jointly
Gross income and AGI $fill in the blank c8fb4609a04803d_1
64,400
Standard deduction (married, filing jointly) fill in the blank c8fb4609a04803d_2
25,100
Taxable income $fill in the blank c8fb4609a04803d_3
39,300
Income tax $fill in the blank c8fb4609a04803d_4
0
c. How much income tax can David and Ruby save if they get married in 2024 and file a joint return?
$fill in the blank c8fb4609a04803d_5

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