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What is the amount of rahul and ruby adjusted gross income

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Question - Rahul and Ruby are married taxpayers. They are both under age 65 and in good health. For 2020 they have a total of $103,300 in wages and $225 in interest income. Rahul and Ruby's deductions for adjusted gross income amount to $5,345 and their itemized deductions equal $17,870. They claim two exemptions for the year on their joint tax return.

Table for the standard deduction

Filing Status

Standard Deduction

Single

$12,400

Married, filing jointly

24,800

Married, filing separately

12,400

Head of household

18,650

Qualifying widow(er)

24,800

Required - What is the amount of Rahul and Ruby's adjusted gross income?

Reference no: EM133147875

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