Jane and Ed Rochester Are Married with a Two-Year-Old Child

question 15

Essay

Jane and Ed Rochester are married with a two-year-old child who lives with them and whom they support financially. In 2018, Ed and Jane realized the following items of income and expense:

They also qualified for a $2,000 child tax credit. Their employers withheld $5,800 in federal income taxes from their paychecks (in the aggregate). Finally, the 2018 standard deduction amount for MFJ taxpayers is $24,000.
What is the couple's gross income?

---

Definitions:

Variability

The degree to which data points in a dataset differ from each other and from the average.

Ecosphere

An ecological sphere; a concept encompassing all living organisms and their physical environment on the planet.

Sustainable Timber

Timber harvested in a way that maintains the forest's biodiversity, productivity, and ecological processes over the long term.

Widespread Destruction

Extensive damage or devastation covering a large area, often due to natural disasters or human activities.