Theresa and Oliver, married filing jointly, and both over 65 years of age, have no dependents.Their 2012 income tax facts are:
What is their taxable income for 2012?
Definitions:
Modeling
Modeling is a method of learning that involves mimicking the behavior, attitudes, or emotional expressions of others.
Tennis
A racquet sport played individually against a single opponent or between two teams of two players each.
Backhand Shot
In sports like tennis or badminton, a shot made across the body with the back of the hand facing forward.
Professional Instructor
An individual with expertise and qualifications who teaches, trains, or guides others in a specific field or activity.
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