Sdctions to four deo and 41 respectively are married and fil

Sdctions to four deo and 41, respectively, are married and file a joint retu Sybil, age 40, is single and supports h 29. Compute a. Drew and Meg, situationthe taxable income for 2017 in each o Dren t ons aable income for 2017 in each of the following independen deductions of $15,000. 5,000t children, they have AGI of $65,000 and itemized dependent ch er b. il ae pports her dependent parents who live with h as her grandfather who is in a nursing hor o is in a nursing home. She has AGI of $80 and iter emized deductions of $8,000 ae 4 is surviving spouse. His household inc ns of s1ois dependents. He has AGI of $75,000 and itemized ge 33, is a ehold includes two unmarried step sons who qualify as his dependents deductions of $10,100. e. Dale, age 42 maintains depender 42, is deand qu$9,90 t is singlerons o d. Amelia, age 33, is dependent c eren. She has AGI of $58,000 and itemized deductions of $9,500 , is divor ndent child an abandoned spouse who maintains a household for her three ced but maintains the home in which he and his daughter Jill, live. Jill is single as Dale\'s and itemized deductions of $9,900. eu and qualifies as Dale\'s dependent. Dale has AGI of $64,000 Exhibits 3 and 31 can be solued by referring to Concept Summary 3.1, Income in this chapter. 3.5, and the discussion under Deductions for Adjusted Gross

Solution

(a) AGI $65000 LESS : Itemized deductions (15000)             Personal and dependency exemptions ( 6 * $4050) (24300) Taxable income $25700 (b) AGI $80000 LESS : Standard deduction (head of household) (9350)             Personal and dependency exemptions ( 4 * $4050) (16200) Taxable income $54450 (c) AGI $75000 LESS : Standard deduction (surviving spouse) (12700)             Personal and dependency exemptioens ( 3 * $4050) (12150) Taxable income $50150 (d) AGI $58000 LESS : Itemized deductions (9500)             Personal and dependency exemptions ( 4 * $4050) (16200) Taxable income $32300 (e) AGI $64000 LESS : Itemized deduction (9900)              Personal and depemdency exemptions (2 * $4050) (8100) Taxable income $46000