Laurels W-2 form reported total Medicare wages as $100,750. She contributed $30 per weekly paycheck to her

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Laurel’s W-2 form reported total Medicare wages as $100,750. She contributed $30 per weekly paycheck to her FSA and $75 per weekly paycheck to her retirement plan. She received a 1099 form from her bank for her savings account interest in the amount of $690 and a 1099 form from an employer that she did some consulting work for in the amount of $2,600. What is Laurel’s taxable income?

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The taxable income 100750 30 79450 Retir...View the full answer

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