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
A set of average city temperatures in October are normally distributed with a mean of
zubka84 [21]
I have concluded the answer is a
4 0
2 years ago
Read 2 more answers
. Paige can complete a landscaping job in
Lapatulllka [165]
Maybe less than 4hrs since there’s two working together and since malia can complete less than Paige
5 0
2 years ago
A scuba diver reaches an elevation of -78 feet, which is a depth of 78 feet.
gavmur [86]

Answer:

true

Step-by-step explanation:

depth is how far down you are from the surface

6 0
3 years ago
11z &gt; -33 help please
stich3 [128]
11z > -33

11z / 11 > 33 / 11

z > 3

Hope it helps!
6 0
2 years ago
A rectangular field measures 400m by 900m, what is the perimeter of the field:
Alina [70]

Answer:

a) 1790 b) 1.79

Step-by-step explanation:

a) you just add to get the perimiter 2(900) + 2(400) to get 1790

b) 1000 meters makes a kilometer so we divide by 1000 and get 1.79 for the kilometers

6 0
3 years ago
Read 2 more answers
Other questions:
  • How do you solve tan(sin^-1 x/2)? (show steps)
    9·1 answer
  • Find the sum of first 20 to terms of an ap in which d is equal to 7 and 20 second term is 149​
    9·2 answers
  • 50 POINTS! SHOW WORK OR ILL REPORT! Multiplying mixed numbers
    15·2 answers
  • A restaurant offers three sizes of coffee and four differerſt types of coffee.
    5·1 answer
  • Which rule explains why these triangles are congruent? ​
    10·1 answer
  • Walter Peyton’s NFL career lasted 13 seasons and he averaged 295 rushing yards per season. Use a strategy to determine how many
    6·1 answer
  • Sailor Shettal
    6·1 answer
  • Subtract.<br><br> −139.6−140.03<br><br> Enter your answer in the box.
    7·2 answers
  • Suppose you have a standard deck of 52 cards. What is the probability that if you select a card at random that it does not have
    11·1 answer
  • Sorry forgot to post pictures of the question on last post (here there are)
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!