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Keith and Nicole Are Married Filing Joint with Two Daughters

question 46

Essay

Keith and Nicole are married filing joint with two daughters who qualify as dependents. Their gross income for 2018 is $25,500. Are they required to file a tax return? How do you know this without memorizing the gross income thresholds? In 2018, the standard deduction for taxpayers filing a joint return is $24,000.


Definitions:

Cocaine

A powerful stimulant drug derived from the leaves of the coca plant, often abused for its euphoric effects.

Heroin

An opioid drug made from morphine, known for its high potential for addiction and serious health risks.

LSD

Lysergic acid diethylamide, a psychedelic drug known for its psychological effects, including altered thinking processes and perceptions.

Legal Drugs

Substances that are legally available for consumption, including alcohol, nicotine, and prescription medications.

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