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Albert, age 66 and Louise, age 57 will file a joint return for the current tax year. They provided all of the support for their
Albert, age 66 and Louise, age 57 will file a joint return for the current tax year. They provided all of the support for their legally blind 29-year old son who had no gross income. They also provided 100% of the support of Louises father who is a life-long resident and citizen of Canada. Albert and Louise had adjusted gross income of $72,450 and have no itemized deductions. Compute their taxable income for the year? Adjusted Gross Income? Standard Deduction? Taxable Income?
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