Leslie is a single taxpayer who is under age 65 and in good health. For 2014, she

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Leslie is a single taxpayer who is under age 65 and in good health. For 2014, she has a salary of $23,000 and itemized deductions of $1,000. Leslie is entitled to one exemption on her tax return.
a. How much is Leslie’s adjusted gross income? $ ___________
b. What amount of itemized or standard deduction(s) should she claim? $ ___________
c. What is the amount of Leslie’s taxable income? $ ___________
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Income Tax Fundamentals 2015

ISBN: 9781305177772

33rd Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill

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