Question 8 • ASSIGN FULL - EVP: PGCPS FINANCIAL LITERACY OC (FALL2026) - 795060
Subtract the adjustments from gross income: $81,031 − $2,914 − $1,939 − $4,825 = $71,353. Their medical and charitable deductions total $6,560, which is less than the $8,350 standard deduction, so use the standard deduction. Four exemptions are worth 4 × $3,650 = $14,600. Their taxable income is $71,353 − $8,350 − $14,600 = $48,403, choice C.
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