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Sarah and Troy are married, have two dependent children, and file a joint return in 2019. If they have adjusted gross income (AGI) of $75,000

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Sarah and Troy are married, have two dependent children, and file a joint return in 2019. If they have adjusted gross income (AGI) of $75,000 and itemized deductions of $11,500, what is their taxable income for 2019? (Click the icon to view the standard deduction amounts.) Reference (If an input field is not used, leave the input field(s) empty. Do not sel STANDARD DEDUCTION Filing Status Minus: Married individuals filing joint returns and surviving spouses $ 24,400 Heads of households $ 18,350 $ 12,200 Taxable ir $ 12,200 Adjusted gross income Gross income Standard deduction Itemized deductions 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* $1,650* Personal and Dependency Exemptions Suspended: In conjunction with the increased standard deduction amount, th Act reduces the personal exemption amount to $0 for tax years from 2018 through 2025, effectively suspending the exen years. Choose from any list or enter any number in the input fields and

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