The Tanakas Filed Jointly in 2016

question 44

Essay

The Tanakas filed jointly in 2016. Their AGI is $120,000. They reported $10,000 of itemized deductions and they have two dependent children. The 2016 standard deduction amount is $12,600 and each exemption is $4,050. What is the total amount of from AGI deductions they are allowed to claim on their 2016 tax return?

---

Definitions:

Advance Directive

A legal document in which a person specifies what actions should be taken for their health if they are no longer able to make decisions due to illness or incapacity.

Ethical Committee

A group responsible for ensuring that research and practices adhere to established ethical standards, often found in medical and academic institutions.

Extraordinary Resuscitation

Advanced and often aggressive medical interventions used in attempts to restore life in patients with critical illnesses or injuries.

Medical Record

Patient's chart; a legal document.