1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Maksim231197 [3]
3 years ago
15

Find the AGI and taxable income:

Mathematics
2 answers:
Step2247 [10]3 years ago
7 0

Find the AGI and taxable income:

  • $31,200 and $20,601
  • $30106 and $19,606
  • $29,586 and $18,505
  • $28,863 and $17,636

<h3>Explanation: </h3>

Gross Income $30,856

Adjustments $750

1 Exemption $8200

Deduction $2,300

Gross Income $30,856

Adjustments $750

Adjusted gross income (AGI) is an individual's total gross income minus specific deductions. Therefore:Adjusted gross income (AGI) = Gross Income - Adjustments \\Adjusted gross income (AGI) =  $30,856 -  $750 \\Adjusted gross income (AGI) = $30106

Taxable income is the base which an income tax system imposes tax. It is described as adjusted gross income which is your total income minus any deductions or exemptions allowed in that tax year. Therefore:

Taxable income = Gross Income- (Exemption +Deduction)\\Taxable income =  $30,856 - ($8200 +$2,300)\\Taxable income = $19,606

Therefore the answer is $30106 and $19,606

Find the AGI and taxable income.

Gross Income $67,890

Adjustments $0

3 Exemptions $24,600

Deduction $1469

  • $69,440 and $45,300
  • $68,990 and $42,831
  • $67,890 and $41,821
  • $65,551 and $44,821

Adjusted gross income (AGI) = Gross Income - Adjustments \\Adjusted gross income (AGI) =  $67,890 -  $0 \\Adjusted gross income (AGI) =  $67,890

Taxable income = Gross Income- (Exemption +Deduction)\\Taxable income =  $67,890 - ($24,600 +$1469)\\Taxable income = $41821

Find the AGI and taxable income.

Gross income $19,723

Adjustments $255

1 Exemption $8200

Deduction $1430

Adjusted gross income (AGI) = Gross Income - Adjustments \\Adjusted gross income (AGI) =   $19,723 -  $255\\Adjusted gross income (AGI) =  $19468

Taxable income = Gross Income- (Exemption +Deduction)\\Taxable income =  $19,723 - ($8200 + $1430)\\Taxable income = $10093

Learn more about taxable income brainly.com/question/1558215

#LearnWithBrainly

Juli2301 [7.4K]3 years ago
6 0
This "question" isn't even a question. If the question is asking to calculate AGI and taxable income I can definitely help. This is what I do for a living! I am assuming this is 3 questions.   
1. Find the AGI and taxable income: Gross Income $30,856 Adjustments $750 1 Exemption $8200 Deduction $2,300 
 AGI: $31,200 and $20,601 $30106 --- ANSWER: 30,106 (30,856-750)
 Taxable Income: $19,606 $29,586 and $18,505 $28,863 and $17,636 1 points--- ANSWER 19,606 
 2. QUESTION 5 Find the AGI and taxable income. Gross Income $67,890
Adjustments $0 3 Exemptions $24,600 Deduction $1469 
 AGI: $69,440 and $45,300 $68,990 and $42,831 $67,890 --- ANSWER:
67,890
 Taxable Income: $41,821 $65,551 and $44,821 1 points --- ANSWER: 41,821 (67,890-24,600-1,469) 
 3. QUESTION 6 Find the AGI and taxable income. Gross income $19,723 Adjustments $255 1 Exemption $8200 Deduction $1430 $19,4
 AGI: 19,468 (19,723-255)
 Taxable Income: 9,838 (19,468-8,200-1,430) 
 Goodluck! If you need anything else feel free to reach out to me directly. Not sure if you can I'm fairly new to this.  
 -Mike
You might be interested in
What part of math do we actually need in the future
Scilla [17]

Answer:

It depends on your career but the important types are counting, addition, subtraction, multiplication and division.

8 0
3 years ago
The given function k is a composition of two functions m
lara31 [8.8K]

Answer:2/4 √x (2 over 4 square root x)

Step-by-step explanation:

6 0
3 years ago
Read 2 more answers
How do i do this problem 0.25(x+4)-3=28
KiRa [710]
Distribute the .25 to get .25x + 1 - 3 = 28

Then simplify to get .25x - 2 = 28

Move the two to the right to get .25x = 30

Then divide to leave x: 30 / .25 = 120

X = 120
6 0
3 years ago
Read 2 more answers
Assessment Practice
frosja888 [35]

Answer:

D

Step-by-step explanation:

7 0
3 years ago
Read 2 more answers
38 is 40% of what number?<br> URGENT
Butoxors [25]
95 , I hope it helps!
7 0
3 years ago
Read 2 more answers
Other questions:
  • Write the integer. A debt of $20
    5·2 answers
  • Which of the following represents the factorization of the binomial below?
    14·1 answer
  • 56x + 40 = 48x + 104
    7·2 answers
  • Algebra problem below!
    9·2 answers
  • PLEASE HELP ASAP 98 POINTS, WILL GIVE BRAINLIEST, 5 STAR RATING, AND THANKS.
    10·2 answers
  • The cost of a camp is $300 for the first week and $125 for each week beyond the first. The total cost can be modeled by the expr
    8·1 answer
  • X^2 + 8x +19=0. Find a equivalent equation Solve by completing the square
    9·1 answer
  • -9.2 + 4.4=<br> -81.4 + (-12)=
    15·2 answers
  • Do you ever put too much pressure on yourself when you don’t accomplish your goals as quickly as you would have liked? 3 senten
    6·2 answers
  • SOLVE EQUATION GRAPHICALLY<br>3x - 4y = - 7 and 5x - 2y = 0<br>​
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!