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Compute 2019 taxable income in each of the following independent situations. Click here to access thestandard deduction tableto use if required. ? a. Drew and

Compute 2019 taxable income in each of the following independent situations.Click here to access thestandard deduction tableto use if required.

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a. Drew and Meg, ages 40 and 41, respectively, are married and file a joint return. In addition to four dependent children, they have AGI of My Home Chapter 3: Computing the Tax $125,000 and itemized deductions of $27,000. AGI $125,000 Courses " AA N B Less: itemized deductions v 27,000 Browse Catalog Exhibit 3.4 Basic Standard Deduction Amounts Taxable income Partner Offers Filing Status 2018 2019 b. Sybil, age 40, is single and supports her dependent parents, who live with her. Sybil also supports her grandfather, who lives in a Print Options Single $12,000 $12,200 nursing home. She has AGI of $80,000 and itemized deductions of $8,000. College Success Tips Married, filing jointly 24,000 24,400 AGI $80,000 Surviving spouse 24,000 24,400 Less: standard deduction Career Success Tips Head of household 18,000 18,350 Taxable income ? Help Married, filing separately 12,000 12,200 Give Feedback c. Scott, age 49, is a surviving spouse. His household includes two unmarried stepsons who qualify as his dependents. He has AGI of $75,000 and itemized deductions of $10,100. Certain taxpayers are not allowed to claim any standard deduction, and the standard AGI $75,000 deduction is limited for others. These provisions are discussed later in the chapter. Less: standard deduction v A taxpayer who is age 65 or over or blind qualifies for an additional standard deduction of Taxable income

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