In: Accounting
In 2020, Raoul & Ayesha , married filing joint taxpayers, have adjusted gross income of $430,000. Their AGI includes $10,000 of interest income. They have no dependents and have $50,000 of itemize deductions. What is their 2020 federal income tax? (PLEASE SHOW ALL WORK)
A) $83,631
B) $83,829
C) $89,212
D) $89,404