Thomas Franklin arrived at the following tax information: Gross salary, $41,780 Interest earnings, $225 Dividend income, $80

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Thomas Franklin arrived at the following tax information:

Gross salary, $41,780 Interest earnings, $225 Dividend income, $80 One personal exemption, $2,650 Itemized deductions, $3,890 Adjustments to income, $1,150 What amount would Thomas report as taxable income? (Obj. 2)

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Focus On Personal Finance

ISBN: 9780073382425

3rd Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes

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