Question

Bertha is filing her federal income tax return with the 1040EZ form using

the Single filing status, and nobody can claim her as a dependent. If she

had wages, salaries, and tips of $34,700, taxable interest of $140, and no

unemployment compensation, what should she enter on line 6 of the

Income section below?

Answer 1

The answer is $25,490

Explanation:

Answer 2

$22,640 if we use the standard deduction available for 2019 (filing due April 15th, 2020)

Explanation:

Bertha's adjusted gross income = $34,700 + $140 = $34,840

since she has no dependents, she can only claim a $12,200 standard deduction (for 2019 revenue, filing due April 15th, 2020)

to calculate line 6, you subtract the standard deduction from the adjusted gross income = $34,840 - $12,200 = $22,640

*on previous years the standard deduction was $9,350 (answer would have been $25,490) or $10,400 (possible answer $24,440).