For 2019, Mike, a single individual with no dependents, receives income of $66.000 and incurs deductible expenses of $7,000 Click the icon to view the standard deduction and personal and dependency exemption amounts) What is Mike's taxable income assuming that the expenses are deductions for AGI? What is Mike's taxable income assuming that the expenses are itemized deductions from AGI? b. Requirement a. What is Mike's taxable income assuming that the expenses are deductions for AGI? Select the labels and calculate Mike's taxable income assuming that the expenses are deductions for AGI. (If an input field is not used in the table leave the input field(s) empty. Do not select a label or enter Minus: Adjusted gross income Minus: Taxable income Requirement b. What is Mike's taxable income assuming that the expenses are itemized deductions from AGI? Inut tod e nconto the next question For 2019, Mike, a single individual with no dependents, receives income of $66,000 and incurs deductible expenses of $7,000. (Click the icon to view the standard deduction and personal and dependency exemption amounts) a. b. What is Mike's taxable income assuming that the expenses are deductions for AGI? What is Mike's taxable income assuming that the expenses are itemized deductions from AGI? Taxable income Requirement b. What is Mike's taxable income assuming that the expenses are itemized deductions from AGI? Select the labels and calculate Mike's taxable income assuming that the expenses are itemized deductions from AGI (If an input field is not used in the table leave the input field(s) empty. Do not select a label or enter a zer Minus: Adjusted gross income Minus: Taxable income Choose from any list or enter any number in the input fields and then continue to the next question 90 3372 al with ng Candard d i Reference ncome ass come ass s taxable in $ $ $ $ 24,400 18,350 12.200 12.200 not select a label or enter a ze Mike's taxe 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. 51,300 $1,650 Dones er any numbL 8:39 /8/20 ( 2A