Mr. and Mrs. Twig are both under 65 years of age and have no dependents. Their only income for the year was his salary of $15,500. During the year they made only a nominal amount of disbursements of the type that qualify as itemized deductions. What is their standard deduction on a 2012 joint return?
A) $3,800
B) $11,900
C) $5,950
D) $8,700
E) None of the above

Question

Quizplus · Accepted Answer

For 2012, the standard deduction for married taxpayers ﬁling a joint return is $11,900.

Mr and Mrs