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The Tanaka filed jointly in 2022. Their AGI is $120,000. They qualified for a $2,000
deduction for qualified business income and $27,000 of itemized deductions (no charitable
contributions). They also have two dependent qualifying children. The 2022 standard
deduction amount for married filing jointly taxpayers is $25,900. What is the total amount
of from AGI deductions they are allowed to claim on their 2022 tax return?

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The Tanaka filed jointly in 2022- Their AGI is $120-000- They qualifie.docx

  • 1. The Tanaka filed jointly in 2022. Their AGI is $120,000. They qualified for a $2,000 deduction for qualified business income and $27,000 of itemized deductions (no charitable contributions). They also have two dependent qualifying children. The 2022 standard deduction amount for married filing jointly taxpayers is $25,900. What is the total amount of from AGI deductions they are allowed to claim on their 2022 tax return?