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Actual method element Page com/courses/29216/files/6008316?module_item_id=1917666 EPB Sallie Mae C Medical Academy KH Higher Education .... Files > Chapters 7 and 8 Problem 2 Solution.xlsx previous be added emphasis on deductions for AGI 2 C Chapters 7 and 8 Problem 2 Solution.xlsx bad Chapters 7 and 8 Problem 2 Solution.xlsx (12.1 KB) Tim Wages $98,000 Jan Wages $145,000 Tim and Jan, file MFJ and are under 65 years old with good vision. They have income and deductions for 2022 that are summarized as follows: Municipal Bond Interest $9,000 Federal Bond Interest $8,000 Received Qualified Dividends $5,000 Sold Stock A for $16,000 on 12/11/22. Purchased stock A for $12,750 on 3/1/19. Sold Stock B for $7,500 on 11/10/22. Purchased stock B for $10,000 on 10/1/22 Non-refundable income tax credit $1,500 Federal income tax withheld $18,000 Itemized Deductions $8,000 Other Deductions for AGI $3,000 1) What is B's tax due or (refund) for 2022 tax year? (20 points) 2) What is B's Marginal tax