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Elijah has $66,000 of salary and $11,500 of itemized deductions. Eriana has $99,000 and 18,100 of itemized deductions. They are married and under age 65.
Elijah has $66,000 of salary and $11,500 of itemized deductions. Eriana has $99,000 and 18,100 of itemized deductions. They are married and under age 65. Requirement A - Compute the taxable income for Elijah and Eriana if they file separately and Eriana claims itemized deductions on her return Requirement B - Compute their taxable income if they file jointly. Assume their total itemized deductions equals the sum of their separate itemized deductions.
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