The following information is available for Donald and Daisy Duck, a married couple filing a joint return for 2016: Salary (earned by Donald) $95,000; Interest income from Microsoft stock $10,500; Deductible IRA contributions $6,000; Itemized deductions $13,200; Federal Income Tax Withheld $11,500.
A. What is the amount of their total income?
B. What is the amount of their adjusted gross income?
C. What is the amount of their taxable income?
D. What is the amount of their tax?
E. What is the amount of their tax due/refund?