Theresa and Oliver, Married Filing Jointly, and Both Over 65

question 90

Essay

Theresa and Oliver, married filing jointly, and both over 65 years of age, have no dependents. Their 2014 income tax facts are:
$\begin{array}{lr}\text { Theresa's wages } & \$ 165,000 \\\text { Oliver's wages } & 33,000 \\\text { Short-term capital gain } & 36,000 \\\text { Long-term capital loss } & (41,000)\end{array}$

$\text { What is their taxable income for } 2014?$

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Definitions:

Semistandardized Interview

An interview format that combines the flexibility of open-ended questions with the consistency of a fixed set of questions.

Creative Interview

An interviewing technique that involves innovative, flexible questioning to encourage participants to share information and insights more openly.

Unstandardized Interview

An interview format without a set structure, allowing questions to be modified based on the respondent's answers for more flexibility.