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4.E.27 TOS Compute the gross income, adjusted gross income, and taxable income in the following station. Use the exemptions and deductions in the table to

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4.E.27 TOS Compute the gross income, adjusted gross income, and taxable income in the following station. Use the exemptions and deductions in the table to the right. Explain how was decided whether to itemize deductions or use the standard deduction Tax Rate Sara is married, but she and her husband filed separately. Her salary was $59.400, and she camed $380 in interest She 15% had $5630 in tomized deductions and claimed five exemptions, for herself and four children 25% 28% 33% 35% 396 Standard deduct Exemption per person) Her gross income is $ 59780 (Simplify your answer) Her adjusted gross income is $39780 (Simplify your answer Should she use the standard deduction or tomized deductions when finding her table income? She should use the standard deduction as it would deductless money from her taxable income a. She should use the standard deduction as it would deduct more money from her taxable income She should use thered deductions as it would deduct more money from her taxable income D. She should use tomand deductions as would deductless money from her taxable income Her taxable income is $43.750 (Simply your answer Enter your answer in the answer box and then click Check Answer All parts showing Clear S 4 2 3 5 6 7 Q W E R tab S D F G caps lock HW situation. Use the exemptions aductions or use the standard she eamed $380 in interest. She dren Tax Rate 10% 15% 25% 28% 33% 35% 39.6% Standard deduction Exemption Kper person) Married Filing Separately up to $9325 up to $37.950 up to $76,550 up to $116,675 up to $208,350 up to $235.350 above $235,350 $6350 $4050 cable income? her taxable income. om her taxable income her taxable income her taxable income Clear All FB &

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