Business, 13.08.2021 18:20 POOPINgligma
Joe and Marcia, a married couple with three young children, for 2018 have a gross income of $120,000, adjustments of $6,700, and itemized deductions totaling $16,900. Although personal exemptions for 2017 were $3,700 each, under new tax law effective 2018 forward personal exemptions are no longer deductible. If the standard deduction is $24,000 for married couples, what is Joe and Maria's taxable income if they file jointly
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Joe and Marcia, a married couple with three young children, for 2018 have a gross income of $120,000...
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