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Sadie and Ted are married, have two young children, and file a joint return in 2021. If they have adjusted gross income (AGI) of $100,000

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Sadie and Ted are married, have two young children, and file a joint return in 2021. If they have adjusted gross income (AGI) of $100,000 and itemized deductions of $16,000, what is their taxable income for 2021? Alternatively, what is their taxable income if the itemized deductions are $30,000 rather than $16,000? (Click the icon to view the standard deduction amounts). WI If Sadie and Ted have adjusted gross income (AGI) of $100,000 and itemized deductions of $ 16,000, what is their taxable income for 2021? (If an input field is not used, leave the input field(s) empty. Do not select a label or enter a zero.) Adjusted gross income Minus Standard deduction Itemized deductions Gross income Taxable income Alternatively, what is their taxable income if the itemized deductions are $30,000 rather than $16,000? (If an input field is not used, leave the input field(s) empty. Do not select a label or enter a zero) Minus Taxable income Mint Tax Alte the STANDARD DEDUCTION Filing Status Married individuals filing joint returns and surviving spouses $ 25,100 Heads of households $ 18,800 Unmarried individuals (other than surviving spouses and heads of households) $ 12,550 Married individuals filing separate returns $ 12.550 Additional standard deduction for the aged and the blind; Individual who is married and surviving spouses $1,350 Additional standard deduction for the aged and the blind; Individual who is unmarried and not a surviving spouse $1,700 Taxpayer claimed as dependent on another taxpayer's return: Greater of (1) earned income plus $350 or (2) S1,100. * These amounts are $2,700 and $3,400, respectively, for a taxpayer who is both aged and blind Personal and Dependency Exemptions Suspended: In conjunction with the increased standard deduction amount the Tax Cuts and Johs. Act reduces the personal exemption amount is for tax years Min Tax

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