Compute the taxable income

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Question - Compute the taxable income for 2016 in each of the following independent situations:

Von and Millie, both age 39, are married and file a joint income tax return. In addition to three dependent children, they have AGI of $70,000 and itemized deductions of $12,500.Cheryl, age 39, is single and supports her dependent parents who live with her, as well as her grandfather who is in a nursing home. She has AGI of $90,000 and itemized deductions of $7,000.Keith, age 46, files as a surviving spouse. He has two unmarried stepdaughters who live with him, and he properly claims them as dependents. He has AGI of $85,000 and itemized deductions of $11,000.Amanda, age 40, is an abandoned spouse. She maintains a household for her two dependent children. She has AGI of $69,000 and itemized deductions of $9,400.Doug, age 38, is a divorced taxpayer with an AGI of $75,000 and itemized deductions of $8,900. He maintains the home in which he and his daughter, Lilly, live. Lilly is single and qualifies as Doug's dependent.

Reference no: EM131732964

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