Yvonne's adjusted gross income is $54,455. She is a single parent with a qualifying dependent. Her itemized deductions total $6,800. What is her taxable income, given the following standard deductions?
Standard deduction
Married/joint: $24,400
Single: $12,200
Head of household: $18,350
Married/separate: $12,200
Dependent: $1,000

Question

Quizplus · Accepted Answer

Yvonne can file as head of household, which gives her a standard deduction of $18,350. Her taxable income is calculated as $54,455 (adjusted gross income) - $18,350 (standard deduction) = $36,105.

Yvonne's Adjusted Gross Income Is $54,455