Annisa,who is 28 and single,has adjusted gross income of $55,000 and itemized deductions of $5,000.In 2013,Annisa will have taxable income of

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Annisa's taxable income is her adjusted gross income minus her itemized deductions. Therefore, her taxable income is $55,000 - $5,000 = $50,000. However, because Annisa is single, she is entitled to a standard deduction of $6,200. Therefore, her taxable income is $50,000 - $6,200 = $43,800. However, because Annisa is under age 65, she is entitled to an additional standard deduction of $1,350. Therefore, her taxable income is $43,800 - $1,350 = $42,450.

Annisa,who Is 28 and Single,has Adjusted Gross Income of $55,000