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Income: 170,000 x Reference 700 Salary Dividends from Alta Corporation Interest income from a savings account Rental income from a small apartment he owns Expenses: 1,600 11,500 STANDARD DEDUCTION Filing Status Medical Married individuals filing joint returns and surviving spouses $ 24,400 7,000 6,700 3,800 $ 18,350 $ 12,200 4,100 $ 12,200 Interest on a principal residence Real property taxes on the principal residence Charitable contributions Loss from the sale of Delta Corporation stock (held for two years) Expenses incurred on the rental apartment: Heads of households Unmarried individuals (other than surviving spouses and heads of households) Married individuals filing separate returns Additional standard deduction for the aged and the blind; Individual who is married and surviving spouses Additional standard deduction for the aged and the blind; Individual who is unmarried and not a surviving spouse Taxpayer claimed as dependent on another taxpayer's return: Greater of (1) earned income plus $350 or (2) $1,100. These amounts are $2,600 and $3,300, respectively, for a taxpayer who is both aged and blind. $1,300* 2.300 $1,650* Maintenance 1,200 1,100 2,800 2,000 300 Property taxes Utilities Depreciation Insurance Alimony payments to former wife (divorced July 21, 2018) Done 10,400 During 2019, Kaden, a 40-year-old single taxpayer, reports the following items of income and expense (Click the icon to view the data.) (Click the icon to view the standard deduction.) Requirement The amounts above are before any limitations. What is Kaden's taxable income for the year? Select the labels and calculate Kaden's adjusted gross income, then calculate his taxable income. (For accounts with zero balances, select the label and enter a "0". Use a minus sign or parentheses for expenses and/or losses. Round any applicable AGI floors to the nearest whole dollar.) Income: Adjusted gross income Alimony Charitable contributions Dividends Word Bank Interest income Loss on sale of stock Medical Net rental income (expense) Mortgage interest - principal residence Personal exemption Real property taxes - principal residence Salary Standard deduction