Sarah and Henry are married but have decided to file separate tax returns in 2022. During the year, Sarah earned $38,000 and Henry earned $17,000. Sarah's itemized deductions are $19,000 and Henry's are $3,600. If Sarah deducts the greater of her itemized or standard deduction, compute Henry's taxable income: $13,400 $4,050 $17,000 $4,050

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To calculate Henrys taxable income we need to first determine Sarahs taxable income Sarah earned 380... View the full answer