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LO1.3 Apply the tax formula for individuals. LO1.5Determine filing status and understand the calculation of tax according to filing status. LO.1.8:Calculate the correct standard or

LO1.3 Apply the tax formula for individuals.
LO1.5Determine filing status and understand the calculation of tax according to filing status.
LO.1.8:Calculate the correct standard or itemized deduction amount for taxpayers.
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Xialu is a single taxpayer who is under age 65 and in good health. For 2021, she has a salary of $25,000 and itemized deductions of $7,000. Leslie allows her mother to live with her during the winter months (3-4 months per year), but her mother provides all of her own support otherwise. a. How much is Leslie's adjusted gross income? $ b. What amount of itemized or standard deduction(s) should she claim? $ c. What is the amount of Leslie's taxable income? $ Marco and Tatiana are married and file separate returns for 2021. Tatiana itemizes her deductions on her return. Marco's adjusted gross income was $18,000, his itemized deductions were $2,400. Neither have any dependents. Calculate Marco's income tax liability assuming the couple does not live in a community property state. Alicia, age 27 , is a single, full-time college student. She earns $13,200 from a parttime job and has taxable interest income of $1,450. Her itemized deductions are \$845. Calculate Alicia's taxable income for 2021

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