Tax Rate 10% 15% Compute the gross income, adjusted gross income, and taxable income in the following shuation. Use the exemptions and deductions in the table to the right. Explain how it was decided whether to temize deductions or use the standard deduction A woman is single and earned wages of $53.800. She received $380 in interest from a savings account. She contributed $420 to a tar deferred retirement plan. She had $1630 in temized deductions from charitable contributions Single up to $9.25 up to $37.950 up to $9.900 up to $191650 up to $416,700 up to $418.400 above 1400 bas 53% bss Standard deduction Exemption per person) $4050 Her gross income in (Smolly your answer.) Her sted gross income (Simplify your answer Should the use the standard deduction or med deductions when finding her taxable income? A She should use the standard deduction as I would deduct more money from her taxable income OB. She should use med deductions as it would deduct more money from her taxable income Oc. She should use the standard deduction as I would deductes money from her taxable income Tax Rate 10% 15% Compute the gross income, adjusted gross income, and taxable income in the following situation. Use the exemptions and deductions in the table to the right. Explain how it was decided whether to Home deductions or use the standard deduction A woman is single and earned wages of $53,800. She received $380 in interest from a savings account She contributed $420 to a tax-deferred retirement plan. She had $1630 in itemized deductions from charitable contributions Single up to $9325 up to $37.950 up to $91,900 up to $191,650 up to $416,700 up to $416,400 above $418,400 28% 33% 35% 39.6% Standard deduction Exemption Xper person) $4050 (Simplify your answer Should she use the standard deduction or itemized deductions when finding her taxable income? OA She should use the standard deduction as it would deduct more money from her taxable income OB. She should use itemized deductions as it would deduct more money from her taxable income OC. She should use the standard deduction as it would deductless money from her taxable income D. She should use itemized deductions as it would deductless money from her taxable income Her taxable income is $ (Simplily your answer.)