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2. Rahul and Ruby are married taxpayers. They are both under age 65 and in good health. For 2020 they have a total of $42,000
2. Rahul and Ruby are married taxpayers. They are both under age 65 and in good health. For 2020 they have a total of $42,000 in wages and $300 in interest income. Rahul and Ruby's deductions for adjusted gross income amount to $6,000 and their itemized deductions equal $18,700. They have two children, ages 32 and 28, that are married and provide support for themselves. a. What is the amount of Rahul and Ruby's adjusted gross income? $ b. What is the amount of their itemized deductions or standard deduction? c. What is their taxable income? $ $
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