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8. ELLIOT MYERS HAD WAGES OF $143,453, DIVIDENDS OF $219, INTEREST OF $253 AND ADJUSTMENTS TO INCOME OF $1,966. HE HAS DEDUCTIONS OF $855 IN

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8. ELLIOT MYERS HAD WAGES OF $143,453, DIVIDENDS OF $219, INTEREST OF $253 AND ADJUSTMENTS TO INCOME OF \$1,966. HE HAS DEDUCTIONS OF \$855 IN STATE INCOME TAX, \$417 FOR CITY INCOME TAX, \$2,885 IN PROPERTY TAX AND \$3,750 IN CONTRIBUTIONS. HE CLAIMS FOUR EXEMPTIONS AND FILES AS MARRIED. CALCULATE THE ADJUSTED GROSS INCOME AND TAXABLE INCOME. (8 POINTS) 8. ELLIOT MYERS HAD WAGES OF $143,453, DIVIDENDS OF $219, INTEREST OF $253 AND ADJUSTMENTS TO INCOME OF \$1,966. HE HAS DEDUCTIONS OF \$855 IN STATE INCOME TAX, \$417 FOR CITY INCOME TAX, \$2,885 IN PROPERTY TAX AND \$3,750 IN CONTRIBUTIONS. HE CLAIMS FOUR EXEMPTIONS AND FILES AS MARRIED. CALCULATE THE ADJUSTED GROSS INCOME AND TAXABLE INCOME. (8 POINTS)

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