Question
A man earned wages of $35,000, received $2,500 in interest from a savings account, and contributed $3,800 to a tax-deferred retirement plan. He was entitled
A man earned wages of $35,000, received $2,500 in interest from a savings account, and contributed $3,800 to a tax-deferred retirement plan. He was entitled to a personal exemption of $3,200 and had deductions totaling $5,220. Find his gross income, adjusted gross income, and taxable income.
(simplify your answers)
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Quantitative Investment Analysis
Authors: Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, David E. Runkle
3rd edition
111910422X, 978-1119104544, 1119104548, 978-1119104223
