Mr and Mrs Mr and Mrs

Multiple Choice

Mr. and Mrs. Daniels, ages 45, and 42, had the following income items in 2020: $\begin{array}{llr} \text { Salaries and wages } &\$122,500\\ \text { Interest income } &6,300\\ \text {Dividends eligible for \( 15 \% \) rate } &4,000\\ \text { Capital gain eligible for 158 rate } &1,900\\\end{array}$
Mr. and Mrs. Daniels have no dependents and claim the standard deduction. Compute their income tax liability on a joint return.

A) $14,460
B) $15,345
C) $15,758
D) None of these choices are correct