I think it is 17 because it is non zero
He will never pay off the loan because it is increasing at 324 per year, for the first year and the interest will only increase which means 320 a year will not even make a dent in the loan
Answer:
Her new taxable income according to IRS is:
Taxable Income = $38950
Step-by-step explanation:
When Tania files for tax return, she is offered:
Total Exemptions = $6350
Total Deductions = $0 (Suppose $0, as it is not given in the question. If there is a value, write that instead of $0)
Gross income of Tanya for the year 2017 is:
Gross income = $45300
Taxable income can be easily calculated for an individual person by deducting the total exemptions and deductions from the grosse income.
Formular of Taxable Income is given as:
Taxable Income = Gross Income - Total Exemptions - Total Deductions.
Substitute the values to get the desired answer.
Taxable Income = $45300 - $6350 - $0
Taxable Income = $38950
Answer:
Here you go mate!
Step-by-step explanation: