Greg Is Single

question 106

Essay

Greg is single. During 2020, he received $60,000 of salary from his employer. That was his only source of income. He reported $3,000 of for AGI deductions and $9,000 of itemized deductions. The 2020 standard deduction amount for a single taxpayer is $12,400. What is Greg's taxable income?

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Definitions:

B Lymphocytes

A type of white blood cell of the lymphocyte subtype which plays a crucial role in the body's immune response by producing antibodies.

Antibodies

Proteins produced by the immune system that recognize and neutralize foreign substances like bacteria and viruses.

Bacterial Infections

Diseases caused by the invasion and multiplication of bacteria in the body, leading to symptoms such as fever, inflammation, and tissue damage.

Catastrophe

A sudden and widespread disaster or calamity that causes great damage or suffering.