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Standard Deductions table [ [ Single or married filing separately,$ 1 2 , 0 0 0 PRACTICE ANOTHER AS a tax return preparer for
Standard Deductions
tableSingle or married filing separately,$
PRACTICE ANOTHER AS a tax return preparer for The Fernando Rodriguez Tax & Accounting Service, you have been asked to calculate the missing information for one of the firm's tax clients. The following table gives the Standard Deductions Single or married filing separately Married filing jointly or surviving spouse Head of. household 65 or older and/or blind and/or someone else can claim you (or your spouse if filing jointly) as a dependent: $12,000 $24,000 $18,000 Varies (See www.irs.gov for information.) Using the standard deduction table above, complete the following table (in $). Adjustments to Adjusted Gross Name Filing Status mar-tied filing Lerner jointly Income Income $1,277 Standard Deduction Income $46,278 Itemized Deductions $5,329 Taxable Income $ cz:z When finding your client's taxable income, which deduction did you use? @ standard deduction O itemized deductions
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