Mike has an adjusted gross income of $85,643. He claims two exemptions and can deduct $896 for state income tax, $2,145 for char

Question

2 years ago

6

Mike has an adjusted gross income of $85,643. He claims two exemptions and can deduct $896 for state income tax, $2,145 for char

itable donations, and $3,473 for medical expenses. If the standard deduction is $5,700 and exemptions are each worth $3,650, what is Mike’s total taxable income? a. $72,643 b. $75,479 c. $71,829 d. $66,129 Please select the best answer from the choices provided A B C D.

Mathematics

1 answer:

VashaNatasha [74] · Answer 1 · 2022-09-18T03:26:32+03:00

VashaNatasha [74]2 years ago

5 0

Answer:

The answer would be C. $71,829

Hope this helped :D