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Compute the taxable income for 2017 in each of the following independent situations. The personal exemption amount for 2017 is $4,050. Click here to access

Compute the taxable income for 2017 in each of the following independent situations. The personal exemption amount for 2017 is $4,050. Click here to access the standard deduction table to use if required.

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 $65,000 and itemized deductions of $15,000.

AGI $65,000
Less: itemized deductions
Less: personal and dependency exemptions
Taxable income

b. Sybil, age 40, is single and supports her dependent parents who live with her, as well as her grandfather who is in a nursing home. She has AGI of $80,000 and itemized deductions of $8,000.

AGI $80,000
Less: standard deduction
Less: personal and dependency exemptions
Taxable income $

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.

AGI $75,000
Less:
Less: personal and dependency exemptions
Taxable income $

d. Amelia, age 33, is an abandoned spouse who maintains a household for her three dependent children. She has AGI of $58,000 and itemized deductions of $9,500.

AGI $58,000
Less:
Less: personal and dependency exemptions
Taxable income $

e. Dale, age 42, is divorced but maintains the home in which he and his daughter, Jill, live. Jill is single and qualifies as Dale's dependent. Dale has AGI of $64,000 and itemized deductions of $9,900.

AGI $64,000
Less:
Less: personal and dependency exemptions
Taxable income $

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