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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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