29 Jun Compute their adjusted gross in
Question
51. Mrs. Raines died on June 2, 2010. Mr. Raines has not remarried and has no children or other dependents.
What is his filing status for 2010 and 2011?
A. Surviving spouse for 2010 and 2011.
B. Surviving spouse for 2010; single for 2011.
C. Married filing jointly for 2010; surviving spouse for 2011.
D. Married filing jointly for 2010; single for 2011.
52. Which of the following taxpayers can’t use the tax rates for married filing jointly in 2011?
A. Mr. Lane died on August 10, 2011. Mrs. Lane has not remarried and has no dependent children.
B.
Mrs. Holden died on January 15, 2010. Mr. Holden has not remarried and maintains a home for two
dependent children.
C.
Mr. and Mrs. West were legally divorced on December 21, 2011. Mrs. West has not remarried and
maintains a home for three dependent children.
D. All of the above taxpayers qualify for married filing jointly filing status.
53. Marie, an unmarried taxpayer, is 26 years old. This year, Marie earned $50,000 gross income. Her
itemized deductions totaled $5,100. Marie maintained a home for her 12-year-old sister who qualifies as
Marie’s dependent. Compute Marie’s taxable income.
A. $41,200
B. $34,100
C. $36,800
D. None of the above
54. Mr. and Mrs. Liddy, ages 39 and 41, file a joint return and have no dependents for the year. Here is their
relevant information.
Compute their adjusted gross income (AGI) and taxable income.
A. AGI $50,200; taxable income $31,200
B. AGI $47,000; taxable income $31,200
C. AGI $47,000; taxable income $39,600
D. AGI $50,200; taxable income $39,600
55. Mr. and Mrs. Dell, ages 29 and 26, file a joint return and have no dependents for the year. Here is their
relevant information.
Compute their adjusted gross income (AGI) and taxable income.
A. AGI $44,700; taxable income $37,300
B. AGI $58,700; taxable income $37,300
C. AGI $58,700; taxable income $39,700
D. AGI $58,700; taxable income $44,700
56. Which of the following statements regarding the calculation of taxable income is false?
A. The first step in the calculation of taxable income is determining the taxpayer’s total income.
B. Adjusted gross income is equal to total income less above-the-line deductions.
C. Adjusted gross income can be reduced by the greater of the standard deduction or itemized deductio
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