Erin is 67,single and has an adjusted gross income of $14,300.She has no dependents and her itemized deductions are $6,000.What is her 2017taxable income?

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Quizplus · Accepted Answer

Erin's taxable income is $14,300 - $6,000 = $8,300. The standard deduction for a single person in 2017 is $6,350. Since Erin's itemized deductions are greater than the standard deduction, her taxable income is $8,300 - $6,350 = $2,350.

Erin Is 67,single and Has an Adjusted Gross Income of $14,300.She