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1. Anne (age 63) is a single taxpayer with adjusted gross income for 2020 of $32,500. Anne maintains a home for two dependent children and
1. Anne (age 63) is a single taxpayer with adjusted gross income for 2020 of $32,500. Anne maintains a home for two dependent children and has itemized deductions of $5,000. Calculate the following amounts for Anne's 2020 income tax return: $ a. a. Adjusted Gross Income (AGI) The number and $ amount of exemptions claimed b. Anne's Standard or itemized deduction amount $ c. Anne's taxable income (do not compute tax) $
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