Barry is age 45 and a single taxpayer.In 2018, he has gross income of $17,000 and itemized deductions of $6,500.If Barry claims no dependents on his 2018 income tax return, calculate the following amounts:
a.His personal exemption amount
b.Barry's taxable income

Question

Quizplus · Accepted Answer

The Answer of Barry is age 45 and a single taxpayer.In 2018, he has gross income of $17,000 and itemized deductions of $6,500.If Barry claims no dependents on his 2018 income tax return, calculate the following amounts:
a.His personal exemption amount
b.Barry's taxable income

Barry Is Age 45 and a Single Taxpayer