• Sheldon and Odessa Sanford are married and elect to file Married Filing Jointly.

• Sheldon is 73 years old and Odessa is 64 years old. Odessa earned $33,000 in Wages.

• After 30 years of service, Sheldon retired from his job on February 1, 2018. During his career, Sheldon contributed pre-tax dollars to a qualified 401(k) retirement plan through his employer. His retirement is fully taxable. Sheldon also received Social Security benefits of $7,600.

• Sheldon and Odessa are not blind and cannot be claimed as dependents by another taxpayer.

• Sheldon and Odessa are U. S. Citizens and have valid Social Security numbers.


Sheldon must take a required minimum distribution from his retirement plan by December 31, 2020 to avoid an additional tax due.


a True

b. False


Sheldon and Odessa's standard deduction is $_________