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3 years ago

13

Ron’s gross income is $50,000. He contributed $500 to charity. The mortgage interest on his first home is $3,000 and his medical

expenses are $1,500. What is Ron’s taxable income? Ron’s total deduction is $and his taxable income is $.

1 answer:

Kazeer [188]3 years ago

6 0

Well first its 50,000 - 500 - 3,000 - 1,500 which equal to 5,000 and 50,000 - 5,000 equal 45,000 . so your answer is 5,000 an 45,000

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