Question

3. Vernon is filing form 1040EZ. His adjusted gross income was $25,675. Hetakes a $3000 standard deduction and a $2000 personal exemption. What ishis taxable income?a.b.C.$16,985$20, 675$18, 765

Answer 1

The adjusted gross income = $25,675

The standard deduction is $3000

and the personal exemption is $2000

So,

His taxable income = 25,675 - (3000 + 2000) = 25,675 - 5,000 = 20,675

So, the ANSWER IS $20,675