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Ethan, age 67, and Abigail, age 64, with good eyesight, are married and file a joint tax return. They have adjusted gross income of $1,200,000
Ethan, age 67, and Abigail, age 64, with good eyesight, are married and file a joint tax return. They have adjusted gross income of $1,200,000 for 2020. They have only $5,000 of itemized deduction, so they claim their standard deduction. How much of their standard deduction is phased out in 2020? quiz
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