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please help to solve the beliw problems Joe, age 23, is single and blind. Joe has $1,200.00 of interest income and $23,100.00 of wages. What

please help to solve the beliw problems
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Joe, age 23, is single and blind. Joe has $1,200.00 of interest income and $23,100.00 of wages. What is Joe's standard deduction? What is Joe's taxable income? Michael & Mary have been married for 20 years. They have a fourteen year old daughter Karen and a sixteen year old son, James. Michaels dies on February 1, 2018. What would Mary's filing status be for 2018? 2019? 2020? And 2021 assuming Karen & James live with Mary and Mary takes care of the household? Same facts as 2 except Karen and James move out in 2021 and Mary has not remarried as of December 31, 2021. What would be Mary's filing status in 2021? 3. Joan, at age 43, paid $64,000 for an annuity. Monthly payments of $1,000 were expected beginning on her 70 birthday. Joan turned 70 on July 1, 2021 and received $6,000 in annuity payment that year. How much of the S6,000 is included in Joan's income in 2021? 4. Matt has $225,000 of group-term life insurance provided to him by his employer. Matt is 41 years old. He pays 50 cents of the cost of each $1,000 of coverage. How much income does Matt have due to the group-term insurance? 5. Tina and Bob are married and they file married filing jointly. They have AGI $30,000. They have tax exempt income of $3,000. They have social security benefits of $14,000. How much income does Tina & Bob have due to social security benefits? bCD AaBbCcD! AaBbCcDc AaBCD AaBbCcDe AaBbCcDAaBbCcDE AABBCCD btitle Subtle Em... Emphasis Intense E... Strong Quote Intense Q... Subtle Ref... = Se Replace Select Did 12 Editing Vo Styles pe here) 6. Jay and Cathy are 69 and 61, respectively. Jay is blind. They file a joint return. They have itemized deductions totaling $30,000.00. Their sources of income and deductions are: Wages--- Interest from savings accounts- Interest from NY qualified bonds- Inheritance from Cathy's dad- Alimony paid to Jay's former wife -$250,000.00 15,000.00 9,000.00 20,000.00 12,000.00 Determine Jay and Cathy's: I a. Standard Deduction b. AGI C. Taxable Income d. Tax Liability

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