Based on the following information, what is the amount of taxable income? Gross salary $64,155 Interest earnings

Question:

Based on the following information, what is the amount of taxable income?

Gross salary $64,155 

Interest earnings $50 

Dividend income $155 

Standard deduction $12,550 

Itemized deductions $10,200

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Personal Finance

ISBN: 9781264101597

14th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

Question Posted: