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Greg Is Single

question 126

Essay

Greg is single. During 2014, he received $60,000 of salary from his employer. That was his only source of income. He reported $3,000 of for AGI deductions, $7,000 of itemized deductions. The 2014 standard deduction amount of a single taxpayer is $6,200 and the 2014 exemption amount is $3,950. What is Greg's taxable income?


Definitions:

Basal Metabolic Rate

The amount of energy expressed in calories that a person needs to keep the body functioning at rest, including processes like breathing and keeping warm.

Temperature

A measure of the body's heat or the environmental heat, usually expressed in degrees Celsius or Fahrenheit.

Dry Mucous Membranes

A condition where the mucosal linings in the body, such as those in the nose and mouth, lack proper moisture and become dry.

Leg Cramps

Sudden, involuntary muscle contractions, often causing pain in the legs.

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