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In 2021, Tom and Thomasina, a married couple, are both over 65 and Thomasina is legally blind. They had AGI of $54,000, no dependents, and
In 2021, Tom and Thomasina, a married couple, are both over 65 and Thomasina is legally blind. They had AGI of $54,000, no dependents, and itemized deductions (i.e., from AGI) of $14,000. Determine this couples taxable income.
Please include steps as I would like to understand how to do the calculations. Thank you!
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