5. Ramon, a single taxpayer, has adjusted gross income for 2010 of $98,000 and his itemized deductions

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5. Ramon, a single taxpayer, has adjusted gross income for 2010 of $98,000 and his itemized deductions total $19,000. What taxable income will Ramon show in 2010?

a. $73,550

b. $75,350

c. $92,550

d. $89,050

e. $70,050

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Income Tax Fundamentals 2011

ISBN: 9780538469197

29th Edition

Authors: Gerald E. Whittenburg, Martha Altus-Buller

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