Answer the followingquestions regarding the 2021 California income tax for Californiaresidents Bill and Jennifer on the basis of the followinginformation:
Filing status MarriedFiling Jointly
Jennifer’ssalary $40,000
Bonus from Jennifer’semployer $5,000
Gift from Bill’sex-wife $9,000
Deductiblecontribution to IRA $5,000
Bill’s Californialottery winnings $10,000
Charitablecontributions $400
State and local incometaxes $3,100
Interest on homemortgage $1,800
Number ofdependents 2
Bill’s age 66
Jennifer’s age 64
California AGI is:?
The amount of theCalifornia itemized or standard deduction which should be used tocalculate taxable income is: ?
The California taxableincome is: ?
The California incometax before exemptions is: ?
The Californiaexemptions total: ?
Answer the following questions regarding the 2021 California income tax for California residents Bill and Jennifer on th
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