Review the tax and credits section of the tax return for Brian and Sylvia Lyons. Brian and Sylvia are married and file a joint return. They have three dependent children.

• The adjusted gross income is $63,825.
• The standard deduction is $11,600.
• There are five exemptions. The exemption amount is $3,700. The total deduction for exemptions is $18,500 ($3,700 multiplied by 5).
• Taxable income is $33,725.