4. Calculating taxable income The 2019 standard deduction is $12,200 for unmarried taxpayers or married taxpayers filing separately, $24,400 for married taxpayers filing jointly, and $18,350 for taxpayers filing as head of household. Calculating George and Deon's Taxable Income George and Deon are a married couple filing jointly. Calculate George and Deon's 2019 taxable income by filling in the worksheet. Enter adjustments and deductions as negative numbers. If your answer is zero, enter "0" George and Deon will earn $80,965 in wages this year. They estimate ordinary dividend and interest income at $800. They had carpool income of $600. George and Deon take the larger of their itemized deductions or the standard deduction. They donated $1,000 to a qualified charity. 2019 Taxable Income Gross income Less: Adjustments to income Adjusted gross income Less: Deductions Taxable income $ S $