Sylvia's adjusted gross income is $145,000. Sylvia is married and has three children. What is Sylvia's taxable income if she is filing a joint return and chooses to take the standard deduction of $11,400 and the total of her personal exemptions is $16,500? $106,470 $131,200 $125,800 $117,100
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First, we need to subtract the standard deduction from Sylvia's adjusted gross income: $145,000 - $11,400 = 133,600$ Show more…
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