Tom and Linda are married taxpayers who file a joint return. They have itemized deductions of ($

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Tom and Linda are married taxpayers who file a joint return. They have itemized deductions of \(\$ 27,000\) and four exemptions. Assuming an adjusted gross income of \(\$ 60,000\), what is their taxable income for 2018?

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CCH Federal Taxation 2019 Comprehensive Topics

ISBN: 9780808049081

2019 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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