Question

A part-time landscaper made $8996.32 last year. if she claimed herself as an exemption for $3650 and had a $5700 standard deduction, what was her taxable income last year?
a.$5346.32
b.$3296.32
c.$353.68
d.$0

Answer 1

Answer:

$0

Step-by-step explanation:

A part-time landscaper made $8996.32 last year.

She claimed herself as an exemption for $3650 and had a $5700 standard deduction

Exemption means not subject to taxation.

Deduction means taking some amount of your income for the year, and not have to pay taxes on it.

So, $8996.32-(3650+5700)$

$=-353.68$

Since Her income is lower than the exemption and the standard deduction.

So, her taxable income last year was $0.

Thus Option D is correct.

Answer 2

The answer is 0. Her taxable income last year is $0.00

$8,996.32 - $3650.00 (exemption) - $5,700.00 (standard deduction) = -$353.68

Her income is lower than the exemption and the standard deduction.