Hansel and Gretel Are Married Taxpayers Who File a Joint

question 106

Short Answer

Hansel and Gretel are married taxpayers who file a joint income tax return for 2014. They have no dependents. On their 2014 income tax return, they have adjusted gross income of $62,000 and total itemized deductions of $4,000. What is their taxable income?

---

Definitions:

Dating

The activity of engaging in social outings or meetings with a potential romantic or sexual partner to explore compatibility.

Polygamy

A marriage practice where an individual has more than one spouse simultaneously.

Monogamy

Marriage between one person and one other person.

Sexual Access

The opportunity or permission to engage in sexual activities with another individual.