Multiple Choice
Ethan, age 67, and Abigail, age 64, with good eyesight, are married and file a joint tax return.They have adjusted gross income of $1,200,000 for 2019.They have only $5,000 of itemized deduction, so they claim their standard deduction.How much of their standard deduction is phased out in 2019?
A) $13,850
B) $12,600
C) $10,682
D) 0
Correct Answer:

Verified
Correct Answer:
Verified
Q74: Camila, age 60, is single and
Q75: All of the following are allowable deductions
Q76: To qualify as a dependent in 2019,
Q77: The alternative minimum tax is a tax
Q78: Sebastian (age 46) and Kaitlin (age 45)
Q80: Sebastian (age 46) and Kaitlin (age 45)
Q81: Susan (age 29) is single but has
Q82: Stephanie and Cal have three dependent children
Q83: Colin (age 40) is single and itemizes
Q84: Maurice and Judy (both age 32) have