Leslie is a single taxpayer who is under age 65 and in good health. For 2016, she

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Leslie is a single taxpayer who is under age 65 and in good health. For 2016, she has a salary of $24,000 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 2017

ISBN: 9781305872738

35th Edition

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

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