8.2. Personal Income Tax Finance is a fixed amount on your retam Lal A each person supported by you income Adjustments Adjusted gross income= Gross Income - 1 Taxable income = Advisted gross income -( Exemptions t Deductions) ) Aringle men earned wapes of $46,500 received $1850 in interest from soving acomat received $15,000 in winning on a television game show, and contributed $2800 to a tax-deferred saving plante is entitled to a personal exemption of $4,050 and a standand deduction of $6300. The interest in his home mortage was $6,500, he paid $2,100 in property taxes and $1855 in state taxes, and he contributed $3,000 to chanty