Abner and Bette have been married for 20 years and always file a joint return,...
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Accounting
Abner and Bette have been married for 20 years and always file a joint return, but never itemize their deductions. Abner and Bette have gross income of $80,000 and deductions for adjusted gross income in the amount of $5,000, but they do not have any children. Neither Abner nor Bette are over the age of 65 and neither is blind. What is Abner and Bette's taxable income in 2017?
$54,200.
$58,400.
$62,400.
$75,000.
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