Roger,age 39,and Lucy,age 37,are married taxpayers who file a joint income tax return for 2013.They have gross income of $25,400.Their deductions for adjusted gross income are $550 and they have itemized deductions of $5,300.If Roger and Lucy claim two personal exemptions and no dependency exemptions for 2013,calculate the following amounts:
a.Their adjusted gross income
b.The greater of the amount of their standard deduction or their itemized deductions
c.Their taxable income

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The Answer of Roger,age 39,and Lucy,age 37,are married taxpayers who file a joint income tax return for 2013.They have gross income of $25,400.Their deductions for adjusted gross income are $550 and they have itemized deductions of $5,300.If Roger and Lucy claim two personal exemptions and no dependency exemptions for 2013,calculate the following amounts:
a.Their adjusted gross income
b.The greater of the amount of their standard deduction or their itemized deductions
c.Their taxable income

Roger,age 39,and Lucy,age 37,are Married Taxpayers Who File a Joint