Question

Duane is filing his federal income tax return with the 1040EZ form using the Single filing status, and nobody can claim him as a dependent. If he had wages, salaries, and tips of $37,400, taxable interest of $160, and no unemployment compensation, what should he enter on line 6 of the Income section below?

Answer 1

Answer:

$28,210 Apex confirmed

Step-by-step explanation:

Answer 2

Answer:

$27410

Step-by-step explanation:

Duane is filing his federal income tax return with the 1040EZ form using the Single filing status, and nobody can claim him as a dependent. If he had wages, salaries, and tips of $37,400, taxable interest of $160, and no unemployment compensation, what should he enter on line 6 of the Income section below?

form 1040EZ is the form used for paying tax by the Inland Revenue Services(IRS)

Line 6 of the 1040EZ  from will contain taxable income

so he will fill

$27410

His taxable income is when standard deductions and deductions for exemption is subtracted from the total income

37,400+160-(6200+3950)

$27410

1040EZ form

Filing status and income:,

Filing status: Single

Are you someone's dependent?:  No

Wages, salaries, tips, etc:

$37,400

Taxable interest:

$160

Unemployment compensation:

$0

Standard deduction:

$6,200

Deduction for exemptions:

$3,950

Taxable income:

$27,410

Federal income tax withheld:

$0