Question: A is the answer but please explain the additional standard deductions Jim is a single taxpayer, over age 65. His AGI is $40,000 and itemized

A is the answer but please explain the additional standard deductions

Jim is a single taxpayer, over age 65. His AGI is $40,000 and itemized deductions of $13,000. What is his taxable income? @ $25,750 b. $25,300 $27,000 $27,450

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