Steve Greene, age 66, is divorced with no dependents. In 2016 Steve had income and expenses as follows:
$\begin{array}{llcc}
\text { Gross income from salary } &\$80,000\
\text { Total itemized deductions } &5,500\
\end{array}$
Compute Steve's taxable income for 2016. Show all calculations.

Question

Steve Greene, age 66, is divorced with no dependents. In 2016 Steve had income and expenses as follows:
 $\begin{array}{llcc}
  \text { Gross income from salary } &\$80,000\
  \text { Total itemized deductions } &5,500\
\end{array}$
 Compute Steve's taxable income for 2016. Show all calculations.

Quizplus · Accepted Answer

The Answer of Steve Greene, age 66, is divorced with no dependents. In 2016 Steve had income and expenses as follows:
 $\begin{array}{llcc}
  \text { Gross income from salary } &\$80,000\
  \text { Total itemized deductions } &5,500\
\end{array}$
 Compute Steve's taxable income for 2016. Show all calculations.