Answer:
1. Find the AGI and taxable income: Gross Income $30,856 Adjustments $750 1 Exemption $8200 Deduction $2,300
AGI: $31,200 and $20,601 $30106 --- ANSWER: 30,106 (30,856-750)
Taxable Income: $19,606 $29,586 and $18,505 $28,863 and $17,636 1 points--- ANSWER 19,606
2. QUESTION 5 Find the AGI and taxable income. Gross Income $67,890
Adjustments $0 3 Exemptions $24,600 Deduction $1469
AGI: $69,440 and $45,300 $68,990 and $42,831 $67,890 --- ANSWER:
67,890
Taxable Income: $41,821 $65,551 and $44,821 1 points --- ANSWER: 41,821 (67,890-24,600-1,469)
3. QUESTION 6 Find the AGI and taxable income. Gross income $19,723 Adjustments $255 1 Exemption $8200 Deduction $1430 $19,4
AGI: 19,468 (19,723-255)
Taxable Income: 9,838 (19,468-8,200-1,430)
Step-by-step explanation:
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