1. For 2017, Mr. and Mrs. Miller, both under age 65, elect to file a joint return. They are entitled to claim their three (3) children as dependents. Their adjusted gross income is $120,000 and their itemized deductions are $12,000. What is their taxable income for 2017?
2. For 2017, Mr. and Mrs. Miller, both under age 65, elect to file a joint return. They are entitled to claim their three (3) children as dependents. Their adjusted gross income is $120,000 and their itemized deductions are $12,000. What is their tax if their taxable income for 2017 is $87,050?
3. For 2017, Tammy, age 35, had adjusted gross income of $90,000 and her itemized deductions are $10,000. Tammy is unmarried and has a dependent son, Joe, who lived with her all year. What is her taxable income for 2017?
4. For 2017, Tammy, age 35, age 35, had adjusted gross income of $90,000 and her itemized deductions are $10,000. Tammy is unmarried and has a dependent son, Joe, who lived with her all year. What is her tax if her taxable income for 2017 is 71,900?
5. For 2017, Charles, age 71, had adjusted gross income of $120,000 from a pension and his itemized deductions are $7,000. Charles is unmarried and. has no dependents. What is his taxable income for 2017?
6. For 2017, Charles, age 71, had adjusted gross income of $120,000 from a pension and his itemized deductions are $7,000. Charles is unmarried and. has no dependents. What is his tax if his taxable income of $108,050 for 2017?