Question
Problem 17: (Obj. 6) For each of the following individuals, determine (1) their total standard deductions and (2) the amount of their gross income threshold
Problem 17: (Obj. 6) For each of the following individuals, determine (1) their total standard deductions and (2) the amount of their gross income threshold (and unearned income threshold for dependents) they use to determine whether they must file an income tax return for 2022.
Steve is 36 years old. His filing status is single and he has 20/20 vision. His total standard deduction is: His gross income threshold is:
Maggie is a 70-year-old-widow. Her son claims her as a dependent. Maggie is permanently blind. Her gross income includes investment income, but no earned income. Her total standard deduction is: Her gross income threshold is: Same as part b, except that Maggie is not claimed a dependent on her sons return Her total standard deduction is: Her gross income threshold is:
Jeannie and Tom file a joint tax return. Jeannie turned 65 on January 1, 2020, Tom turned 69 on March 8, 2020. Neither have any vision problems. Their total standard deduction is: Their gross income threshold is:
Sally files a separate tax return from her husband. She is 40-years-old and blind. Her total standard deduction is: Her gross income threshold is:
Joes Wife died in 2020. Joe is 70-years-old and has good eyesight. At the time of her death, Joes wife was 60 and had good eyesight. Joe does not itemize. His total standard deduction is: His gross income threshold is:
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