The 2019 standard deduction is $12,200 for unmarried taxpayers or married taxpayers filing separately, $24,400 for married taxpayers filing jointly, and $18,350 for taxpayers filing as head of household.

Calculating Sarah and Helens Taxable Income

Sarah and Helen are a married couple filing jointly. Calculate Sarah and Helens 2019 taxable income by filling in the worksheet. Enter adjustments and deductions as negative numbers. If your answer is zero, enter "0".

Sarah and Helen will earn $70,965 in wages this year.

Helen contributed $4,000 to an IRA.

Sarah and Helen take the larger of their itemized deductions or the standard deduction.

They paid mortgage interest of $8,600. The loan on their home is less than $750,000.

Their state and local taxes were $9,000.

They donated $10,000 to a qualified charity.

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2019 Taxable Income

Gross income

Less: Adjustments to income

Adjusted gross income

Less: Deductions

Taxable income