If your standard deduction is less than your itemized deductions, you probably should itemize and save money." The standard deduction is basically a flat-dollar, no questions-asked reduction in your adjusted gross income It's faster. Taking the standard deduction makes t the tax-prep process relatively quick and easy, which probably is a big reason most taxpayers take the standard deduction instead of itemizing. You might be O Type here to Problem: 40 points In 2017, Brian and Emmy are married with two children, Bobby and Sam. Emmy earns S job as a personal assistant. Brian earns $75,000 per year as a micro-biologist. 50,000 from her Brian owns a 10% interest in Alpha Partnership. Alpha earned $100,000 in operatin year, it also paid a cash distribution of $20,000 to Brian during the year g income during the Brian also pays $$,000 of alimony per year to his ex-wife. Emmy has $1,000 Corporation Capital company oee of interest from Municipal City Ronds. She also has $3,000 of interest from Big interest provide over half of the support for both of their children who live at home with them. Their son Bobby is 17 and earns $1 actively looking for a job. 0.000 per year at his hourly job at a shoe store. Sam is 25 years old and is They also have the following expenses during the year: Medical Expenses: $13,500 State & Local Taxes: $7,000 Federal Income Tax Payments: $10,000 Cash Charitable Contributions: $15,000 The amount per exemption for 2017 is: $4,050 The standard deduction amounts for 2017 are listed below Singe: $6,350 Head of Houschold: $9,350 Married Filing Jointly: $12,700 Calculate the appropriate amounts for Brian and Emmy. Please show your work for maximum points. 0OOd o0O133,00o 507 ,0S0 3000 11250 L710007 150007 2507500 93, 50