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Compute 2018 taxable income in the each of the following independent situations. Exhibit 3.4 lists the basic standard deduction allowed for taxpayers in each filing

Compute 2018 taxable income in the each of the following independent situations. image text in transcribed
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Exhibit 3.4 lists the basic standard deduction allowed for taxpayers in each filing status. The standard deduction amounts are subject to adjustment for inflation each year. Exhibit 3.4 Basic Standard Deduction Amounts Filing Status Single Married, filing jointly Surviving spouse Head of household Married, filing separately 2018 $12,000 24,000 24,000 18,000 12,000 2017 6,350 12,700 12,700 9,350 6,350 Certain taxpayers are not allowed to claim any standard deduction, and the standard 3

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