$3.$Dennis Alexander $45$ years old. He was married; his wife passed away in $2016.$ Dennis supports and maintains a household for his dependent child, Betsy. In $2023,$ Dennis has AGI of $$60,000$ and itemized deductions of $$12,000.$ Compute his $2023$ taxable income:

HINT: Make sure you use the correct filing status to help determine the correct standard deduction$/$itemized deduction.

Answer:

Include all gross income items here:

Less: deductions FOR AGI:

Equals: AGI:

Less: deductions FROM AG:

Equals: taxable Income: