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9 February, 20:16

When filing jointly, Melvin and Sylvia have a standard deduction of $11,400, they can claim one exemption for each of them for $3650 each, and they don't have any additional adjustments to income. What is their taxable income?

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  1. 9 February, 21:06
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    add standard deduction and exemption: 5700 + 3650 = 9350

    subtract from each of their incomes and that will be the taxable income:

    Melvin: 44500 - 9350 = 35150 taxable income

    Sylvia: 51200 - 9350 = 41850 taxable income
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