John R. Doe: 2019 Taxes Case Study NOTE: since 2020 is still in progress, we will use the 2018 tax tables this semester Part 1) Standard Deduction John cams $32,000 & Becca cams $92, 800. During 20179, John placed $2000 into a pre-tex 401k retirement account, and Becca placed $2,700 in a pre-tax FSA (Flexible Spending Account). Assume they apply the standard deduction to their joint income (married filing jointly) ***Show all work to be eligible to receive partial crede Use Tables 1 & 2 below as needed. What is their..... 1) Adjusted gross income for 2018? Ved 2) Taxable income for 2017 led 3) How much will they pay in taxes in 20197 Table 1. Standard Deduction categories, 2010 led Marted on Jay & Surviving Spouse 2440 112 Head of Household 5. Table 1. Standard Deduction categories, 2019 Filing Status Single Married Feing Jointy & Surviving Spouse Married Fling Separately Head of Household Standard Deduction Amount $12.200 $24.400 $12.200 $18.350 Table 2. Married Filing Jointly Tax Brackets, 2019: Married individuals Filing Joint Returns and Surviving Spouses If Taxable income is Between The Tax Due is: 0.519400 10% of taxable income $19.401 - 578.950 $1.940 -12% of the amount over $19.400 $78.951 - $168.400 $9.08522% of the amount over $78,950 5165.401 - 5321.450 $26.765 +24% of the amount over $168.400 5321451 - 5408.200 565 4972 of the amount over 5321.450 5408,201 - 5612,350 593.257.35% of the amount over $408.200 5613.361 5164.700 50 37 of the amount over 5612.350