a. 32. Which of the following taxpayers should itemize? Explain. Robert is a single taxpayer. He has itemized deductions of $12,600. even b. Jane qualifies as head of household. Her itemized deductions total $17,850. Brian is married and files a separate return. He has itemized deductions of $12,600. d. Lisa is a surviving spouse. Her itemized b deductions are $24,500. c. 35. What is Mary's taxable income for 2020, assuming she has $6,150 of earned income and $800 of unearned income and is eligible to be claimed as a dependent by her parents? 38. What is the standard deduction and the number of exemptions that a married couple will be allowed, assuming that they are not over 65 or blind, that they fully support the husband's 82-year-old blind mother, and that they have no other dependents? a. 44. What is the taxpayer's filing status for 2020 in each of the following situations? Bill's wife died in 2019. Bill maintained a household for his two dependent children in 2020. b. Bill is unmarried and lives in an apartment. He supported his aged parents, who live in a separate home. Bill provided over half of the cost of maintaining his parents ' home and also provided over half of each of his parents' support. Bill is unmarried and maintains a household for his 18-year-old daughter and her husband. Bill pays over half of the support of his daughter. The daughter files a joint return with her husband. c. a. 57. Which of the following is not considered when determining the total support test for a child? Fair rental value of lodging b. Medical insurance premiums Birthday presents d. Scholarship Recreation C. e. 2020 Tax Rates and Amounts Tax Rate Schedules for 2020 on Excess 10% 12 22 24 Schedule X: Single Individuals Taxable income Over But Not Over 50 59.85 9.875 40125 40125 85.525 85525 163.300 163300 207350 207350 518 400 518,00 Pay 5000 95750 4617 50 14.605 SO 33.21750 4736750 156235 of the amount over SO 9,875 40,125 85.525 163,300 207350 518,400 35 37 Over SCHEDULE Y-1: Married Filing Jointly and Surviving Spouses Taxable income But Not Over Pay $0 $19.750 50.00 19.750 80.250 1.975 30 250 171,050 9235 171050 326,600 29,211 325,600 414 700 66.543 414.700 622,050 94.735 622,050 167,30750 % on Excess 10% 12 22 24 32 35 37 of the amount over $0 19.750 B0.250 171,050 326,600 414,700 622,050 SCHEDULE Y-2: Married Individuals Filing Separately Taxable income Over But Not Over Pay 50 $9.875 $0.00 9,875 40,125 987.50 40,125 85.525 1,61750 85.525 163,300 14,605 50 163,300 207350 33.271.50 207,350 311,025 47,36750 311,025 83,653 75 % on Excess 10% 12 22 24 32 35 37 of the amount over $0 9,875 40,125 85,525 163,300 207350 311,025 % on Excess 10% 12 SCHEDULE Z: Heads of Households Taxable income Over But Not Over 50 $14,100 14,100 53,700 53.700 85,500 85,500 163.300 163,300 207,350 207,350 518,400 518.400 Pay $0.00 1.410 6,162 13,158 31,830 45,926 154,793.50 22 24 32 35 37 of the amount over $0 14,100 53.700 85,500 163,300 207,350 518,400
