Question

eBock Calculo Compute 2019 taxable income in each of the following independent situations. Click here to access the standard deduction table to use if required. .. Drew and Meg, ages 40 and 41, respectively, are married and file a joint return. In addition to four dependent children, they have AGI of $125,000 and itemized deductions of $27,000 125,000 Less: Kemized deductions 27,000 Taxable income 98,000 b. Sybill, age 40, is single and supports her dependent parents, who live with her. Sybil also supports her grandfather, who lives in a nursing home. She has Age of $80,000 and itemized deductions of $8,000. AGE $80,000 Less: standard deduction V 8,000 Taxable income 72,000 C. Scott, age 49, is a surviving spouse. His household includes two unmarried stepsons who quality as his dependents. He has all of 575,000 and itemized deductions of $10,100. $75,000 Less: standard deductie 24.400 Taxable income 50,600 d. Amelia, age 33, w an abandoned spouse and maintains a household for her three dependent children. She has Age of 558,000 and itemized deducions of 510,650. $58,000 Texable income 40.000 e. Dale, age 42, is divorced but

Answer 1

Both of your incorrect cases involve STANDARD deductions.

If you open the chart given, you'll find that standard deduction for Head of Household for 2019 was $ 18,350

b.

Her AGI is $ 80,000

Less: Standard deduction $ 18,350

Taxable Income $ 61,650

d.

AGi $ 58,000

Less: Standard deduction $ 18,350

Taxable Income $ 39,650