Reference no: EM133188501
Question - Xialu is a single taxpayer who is under age 65 and in good health. For 2021, she has a salary of $25,000 and itemized deductions of $7,000. Xialu allows her mother to live with her during the winter months (3-4 months per year), but her mother provides all of her own support otherwise.
Table for the standard deduction
Filing Status Standard Deduction
Single $12,550
Married, filing jointly 25,100
Married, filing separately 12,550
Head of household 18,800
Qualifying widow(er) 25,100
Required -
a. How much is Xialu's adjusted gross income?
b. In order to minimize taxable income, Xialu will in the amount of $?
c. What is the amount of Xialu's taxable income?