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Mr. and Mrs. Webster, ages 29 and 26, file a joint return and have no dependents for the year. Here is their relevant information. Salaries
Mr. and Mrs. Webster, ages 29 and 26, file a joint return and have no dependents for the year. Here is their relevant information.
Salaries | $ | 63,000 |
Dividend income | 1,900 | |
Above-the-line deductions | 6,200 | |
Itemized deductions | 14,000 | |
Compute their adjusted gross income (AGI) and taxable income. |
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