Problem:
Harriet and Harry are married and have a total gross income of $65,000. Their allowable deduction for adjusted gross income total $1,500 and they have of $4,400 of allowable itemized deductions. What are Harriet and Harry's taxable income and income tax liability?
Additional Information:
The question is from Finance and it is about computing the taxable gross income of a newly married couple. The allowable itemized deduction is given and their total taxable income and their tax liability needs to be calculated.