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3-27 (LO. 1) Compute the taxable income for 2022 in each of the following independent situations. Click here to access the Exhibits 3.4 and 3.5

3-27 (LO. 1) Compute the taxable income for 2022 in each of the following independent situations. Click here to access the Exhibits 3.4 and 3.5 to use if required. a. Aaron and Michele, 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. AGI Less: Itemized deductions Taxle income $125,000 27,000 V 98,000 b. Sybil, age 40, is single and supports her dependent parents who live with her, as well as her grandfather who is in a nursing home. She has AG1 of $80,000 and itemized deductions of $8,000. AGI $80,000 Less: Standard deduction 18,350 X Taxable income 61,650 X c. Scott, age 49, is a surviving spouse. His household includes two unmarried stepsons who qualify as his dependents. He has AGI of $75,000 and itemized deductions of $10,100. AGI Less: Standard deduction Taxable income $75,000 24,400 X 50,600 X d. Amelia, age 33, is an abandoned spouse who maintains a household for her three dependent children. She has AGI of $58,000 and itemized deductions of $10,650. AGI Less: Standard deduction Taxable income $58,000 18,350 X 39,650 X e. Chang, age 42, is divorced but maintains the home in which he and Lei, his daughter, live. Lei is single and qualifies as Chang's dependent. Chang has AGI of $64,000 and itemized deductions of $9.900. d. Amelia, age 33, is an abandoned spouse who maintains a household for her three dependent children. She has AGI of $58,000 and itemized deductions of $10,650. AGI Less: Standard deduction. Taxable income $58,000 18,350 X 39,650 X e. Chang, age 42, is divorced but maintains the home in which he and Lei, his daughter, live. Lei is single and qualifies as Chang's dependant. Chang has AGI of $64,000 and itemized deductions of $9,900. Feedback AGI Less: Standard deduction Taxable income $64,000 18,350 X 45,650 X Check My Work As a general rule, personal expenditures are disallowed as deductions in arriving at tavahle innema

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