In 2020, Linda, a single individual, reported the following items of income and deduction: (Click the icon to view the items) (Click the icon to view the standard deduction amounts.) Requirement Linda owns 100% and is an active participant in the rental real estate activity, What is her taxable income for 2020? Begin by determining wnether Linda is entitled to a deduction for rental real estate activities (Enter "uit Linda is not eligible for the deduction) The deduction for rental real estate losses is Now determine the taxable income for 2020. Begin by calculating the adjusted gross income (AGI). Adjusted gross income (AGI) Now calculate the itemized deductions. Total Itemized deductions Compute her taxable income for 2020, Adjusted gross income (AGI) Minus: Deductions from AGI Taxable incomo 2000 Long term conductor ce the law action bomor 2009 X Reference Data table Try 1 1 152.000 15.000 18000 12.000 0001 20.0001 3.000 3.00 2001 12.00 (1.3001 most from of Leroy rape anion to purchase Quid meiden torne Charitable contribution Property taxes on see Terrenos buradni STANDARD DEDUCTION Ving Sa Married individualisting old lume and surviving spouses Hands of thouse Used India tharthan surviving and heads offsholde Married individual ing parte returns Additional standard deduction for the aged and the individual who la munted and surviving spouses Additional standard deduction for the aged and the Wind Individual who is married and not a surviving spouse Texercices dependent on another taxpayer's cetur: Greater of teamed income plus $350 (3) $1,100 These are are $2.000 and 13.30 for a payer was based and bird 200 18.650 12400 4340 31330 11650 Print Done Print Done In 2020, Linda, a single individual, reported the following items of income and deduction: (Click the icon to view the items) (Click the icon to view the standard deduction amounts.) Requirement Linda owns 100% and is an active participant in the rental real estate activity, What is her taxable income for 2020? Begin by determining wnether Linda is entitled to a deduction for rental real estate activities (Enter "uit Linda is not eligible for the deduction) The deduction for rental real estate losses is Now determine the taxable income for 2020. Begin by calculating the adjusted gross income (AGI). Adjusted gross income (AGI) Now calculate the itemized deductions. Total Itemized deductions Compute her taxable income for 2020, Adjusted gross income (AGI) Minus: Deductions from AGI Taxable incomo 2000 Long term conductor ce the law action bomor 2009 X Reference Data table Try 1 1 152.000 15.000 18000 12.000 0001 20.0001 3.000 3.00 2001 12.00 (1.3001 most from of Leroy rape anion to purchase Quid meiden torne Charitable contribution Property taxes on see Terrenos buradni STANDARD DEDUCTION Ving Sa Married individualisting old lume and surviving spouses Hands of thouse Used India tharthan surviving and heads offsholde Married individual ing parte returns Additional standard deduction for the aged and the individual who la munted and surviving spouses Additional standard deduction for the aged and the Wind Individual who is married and not a surviving spouse Texercices dependent on another taxpayer's cetur: Greater of teamed income plus $350 (3) $1,100 These are are $2.000 and 13.30 for a payer was based and bird 200 18.650 12400 4340 31330 11650 Print Done Print Done