For 2014, the personal exemption amount is $3, 950. The 2014 standard deduction is $6, 200 for unmarried taxpayers or married taxpayers filing separately, $12, 400 for married taxpayers filing jointly, and $9, 100 for taxpayers filing as head of household Zachary and Lynn are a married couple filing jointly. Calculate Zachary and Lynn’s 2014 taxable income by filling in the worksheet. Enter adjustments, deductions, and exemptions as negative numbers. Zachary and Lynn will earn $70, 965 in wages this year. They estimate dividend and interest income at $800. They had carpool income of $600. They use the standard deduction. They donated $1,000 to charity. They are entitled to two exemptions.