During 2019, Dawson incurs the following deductible expenses: $2,000 in state income taxes, $2,800 in local property taxes, $1,100 in medical expenses, and $500 in charitable contributions. Dawson is 33, single, has no dependents, and has $52,000 AGI for the year. (Click the icon to view the standard deduction schedule.) Requirement What is the amount of Dawson's taxable income? Begin by calculating the itemized deductions. (Complete all input fields. Enter a "0" if there is no deduction for excess medical expenses.) Schedule of Standard Deductions Medical expenses Minus: Excess medical expenses Total itemized deductions $ $ $ Now compute Dawson's taxable income. STANDARD DEDUCTION Filing Status Married individuals filing joint returns and surviving spouses Heads of households Unmarried individuals (other than surviving spouses and heads of households) Married individuals filing separate returns Additional standard deduction for the aged and the blind; Individual who is married and surviving spouses Additional standard deduction for the aged and the blind; Individual who is unmarried and not a surviving spouse Taxpayer claimed as dependent on another taxpayer's return: Greater of (1) earned income plus $350 or (2) $1,100. * These amounts are $2,600 and $3,300, respectively, for a taxpayer who is both aged and blind. 24,400 18,350 12,200 12,200 $1,300* $1,650* Minus: Deductions from AGI: Taxable income Print [Done] Choose from any list or enter any number in the innut fields and then continue to the next question During 2019, Dawson incurs the following deductible expenses: $2,000 in state income taxes, $2,800 in local property taxes, $1,100 in medical expenses, and $500 in charitable contributions. Dawson is 33, single, has no dependents, and has $52,000 AGI for the year. (Click the icon to view the standard deduction schedule.) Requirement What is the amount of Dawson's taxable income? Begin by calculating the itemized deductions. (Complete all input fields. Enter a "0" if there is no deduction for excess medical expenses.) Schedule of Standard Deductions Medical expenses Minus: Excess medical expenses Total itemized deductions $ $ $ Now compute Dawson's taxable income. STANDARD DEDUCTION Filing Status Married individuals filing joint returns and surviving spouses Heads of households Unmarried individuals (other than surviving spouses and heads of households) Married individuals filing separate returns Additional standard deduction for the aged and the blind; Individual who is married and surviving spouses Additional standard deduction for the aged and the blind; Individual who is unmarried and not a surviving spouse Taxpayer claimed as dependent on another taxpayer's return: Greater of (1) earned income plus $350 or (2) $1,100. * These amounts are $2,600 and $3,300, respectively, for a taxpayer who is both aged and blind. 24,400 18,350 12,200 12,200 $1,300* $1,650* Minus: Deductions from AGI: Taxable income Print [Done] Choose from any list or enter any number in the innut fields and then continue to the next