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
F(x) = 4x + 2 ; g(x) = 2x ; find f(g(4))<br> HELPP PLS
Dennis_Churaev [7]

Answer:

ion know

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
WILL MARK BRAINLIEST<br> PLS DUE TOMORROW <br> 9/27/18
s2008m [1.1K]
30. is 8 [-5] [3] [-2] -2
4 0
3 years ago
A tomato plant grew an average of 0.06 m per day. How many days did it take for the plant to grow a total of 0.96 m.            
Nadya [2.5K]
If you divide 96 by 6 then you get 16. So it's 16 days!
3 0
3 years ago
Read 2 more answers
How do i get boys to like me?
meriva
Start looking like the standards because y’all starting to look the same
3 0
3 years ago
The product of 7/16, 4/3, and 1/2 is
Eva8 [605]
First, we have two multiply two fractions (7/16 x 4/3) which we do top x top and bottom x bottom which gives us 28/48 

Second, we do 28/48 x 1/2 which is 28/96.

Lastly, we simplify 28/96 which gives us 7/24
4 0
4 years ago
Other questions:
  • List all the integers values of x that are part of the solution set for the following inequality:
    8·1 answer
  • What is the volume of a prism where the base is a 45-45-90 triangle with a leg of 5 in. when the height is 1.8 in.?
    10·2 answers
  • You need both longitude and latitude to find the exact location on a map. Longitude lines/latitude lines. Are lines that run nor
    8·2 answers
  • Factor the quadratic expression completely<br> 6x^2 – 28x + 32
    9·1 answer
  • Question 31 of 41
    6·1 answer
  • I need help with this problem
    14·1 answer
  • Whats the answer can someone answer please​
    11·2 answers
  • What is the answer I’ve been stuck on this for way too long
    7·2 answers
  • PLS HELP ME WITH THIS!! Find the ratio of triangles to circles in the diagram below.<br> 40 POINTS!!
    8·1 answer
  • Find the answer to this question: 205.04/4
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!