Reference no: EM133104370

Question - Compute 2018 taxable income in each of the following independent situations.

a. Drew and Meg, ages 40 and 41, respectively are married and file a joint return. In addition to four dependent children, they have AGI of $125,000 and itemized deductions of $ 27,000.

b. Sybil age 40, is single and supports her dependent parents, who live with her. Sybil also supports her grandfather, who lives in a nursing home. She has AGI of $80,000 and itemized deductions of $8,000.

c. Scott, age 49, is a surviving spouse. His household includes two unmarried stepsons who qualify as his dependents. He has AGI of $75,000 and itemized deductions of $10,100.

d. Amelia, age 33, is an abandoned spouse and maintains a household for her three dependent children. She has AGI of $58,000 and itemized deductions of $ 10,650.

E. Dale, age 42, is divorced but maintains the home in which he and his daughter, Jill, live. Jill is single and qualifies as Dale's dependent. Dale has AGI of $64,000 and itemized deductions of $9,900.