Mr and Mrs Mr and Mrs

Multiple Choice

Mr. and Mrs. Daniels, ages 45, and 42, had the following income items in 2015: $$\begin{array} { l l } \text { Salaries and wages } & \$ 122,500 \\\text { Interest incorne } & 6,300 \\\text { Dividends eligible for } 15 \% \text { rate } & 4,000 \\\text { Capital gain eligible for } 15 \% / 4 a t e & 1,900\end{array}$$ Mr. and Mrs. Daniels have no dependents and claim the standard deduction. Compute their income tax liability on a joint return.

A) $19,453
B) $20,928
C) $22,248
D) None of the above