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Theresa and Oliver,married Filing Jointly,and Both Over 65 Years of Age,have

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Theresa and Oliver,married filing jointly,and both over 65 years of age,have no dependents.Their 2011 income tax facts are:
Theresa and Oliver,married filing jointly,and both over 65 years of age,have no dependents.Their 2011 income tax facts are:    What is their taxable income for 2011? What is their taxable income for 2011?


Definitions:

Panic

A sudden sensation of fear, which can be so intense as to provoke a drastic physical reaction, often without a clear cause.

Specific Phobia

An anxiety disorder marked by an overwhelming and unreasonable dread of a certain object, situation, or activity.

Panic Disorder

A psychiatric condition characterized by recurrent unexpected panic attacks and ongoing fear of future attacks.

Generalized Anxiety Disorder

A mental health disorder characterized by excessive, uncontrollable worry about everyday events, causing significant distress or impairment.

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