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amm1812
3 years ago
12

Sasha is a single woman who is paid $16 per hour for 2,000 hours of work per year. Using her exemption of $4,050 and her standar

d deduction of $6,350, what is her taxable income?
Business
2 answers:
Charra [1.4K]3 years ago
7 0

Answer:

 $21600

Explanation:

Sasha is a single woman who is paid $16 per hour for 2,000 hours of work per year. Using her exemption of $4,050 and her standard deduction of $6,350, what is her taxable income?

To get the amount she was paid in a year

we calculate= $16/hr*2000hr=$32000

Wages                                        (a)                                 $32,000

Standard Deduction                (b)                                 $6,350

Personal Exemption                (c)                                 $4,050

Total (standard                        (d) = (b) + (c)                 $ 10,400

deduction +exemption)

Taxable Income                       (e) = (a) – (d)                      $21600

Sasha's taxable income is $21600

densk [106]3 years ago
4 0
For this case what you must do is the following operation:
 Taxable income = Household income-Personal exemption-Standard deduction.
 Substituting the values we have:
 Taxable income = ((16) * (2000)) - (4050) - (6350)
 Taxable income = 21600 $
 Answer: 
 her taxable income is 21600 $
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