Carl, Age 42, Is Married and Has Three Children

Carl, age 42, is married and has three children. In preparing to go to his accountant, he determines that he has $62,300 of salary income and $250 in dividends. He contributes $4,000 to a Roth IRA and has $6,800 of itemized deductions. His wife has no income. What is the taxable income on their 2011 joint return?

A) $51,750
B) $47,750
C) $33,250
D) $32,450