Sean and Martha are both over age 65 and Martha is considered blind by tax law standards.Their total income in 2017 from part-time jobs and interest income from a bank savings account is $60,000.Their itemized deductions are $12,000.
Required: Compute their taxable income.

Question

Quizplus · Accepted Answer

The Answer of Sean and Martha are both over age 65 and Martha is considered blind by tax law standards.Their total income in 2017 from part-time jobs and interest income from a bank savings account is $60,000.Their itemized deductions are $12,000.
Required: Compute their taxable income.

Sean and Martha Are Both Over Age 65 and Martha