foreignking02
foreignking02
29.10.2020 • 
Mathematics

A man earned wages of $36,300, received $2200 in interest from a savings account, and contributed $2700 to a tax-deferred retirement plan. He was entitled to a personal exemption of $4050 and a standard deduction of S6300. The interest on his home mortgage was $7800, he contributed $2900 to charity, and he paid $1750 in state taxes. Find his gross income, adjusted gross income, and taxable income Base the taxable income on the greater of a standard deduction or an itemized

deduction

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