Enrico and His Wife Have Combined Salaries of $85,000

Multiple Choice

Enrico and his wife have combined salaries of $85,000.They have interest and dividends on their investments of $1,000 and annually contribute a combined $3,000 to a traditional IRA.The interest on their home mortgage is $2,500,they contributed $1,000 to their church,and incurred medical expenses not covered by insurance of $1,800.Assuming they can claim two personal exemptions of $4,000 each and file joint tax returns,compute their tax liability for 2015.

A) $11,606
B) $10,056
C) $9,981
D) $8,287