Jason and Mary are married taxpayers in 2018. They are both under age 65 and in good health. For 2018 they have a total of $41,000 in wages and $700 in interest income. Jason and Mary’s deductions for adjusted gross income amount to $5,000 and their itemized deductions equal $14,000. They have two children, ages 32 and 28, that are married and provide support for themselves.

a. What is the amount of Jason and Mary’s adjusted gross income?

$ ________

b. What is the amount of their itemized deductions or standard deduction?

$ ________

c. What is their taxable income?

$ ________