Question
Anibal Rivas is a single taxpayer, age 34. In 2022, his salary is $69,400 and he has interest income of $12,500. In addition, he has
Anibal Rivas is a single taxpayer, age 34. In 2022, his salary is $69,400 and he has interest income of $12,500. In addition, he has deductions for adjusted gross income of $14,340 and he has $14,390 of itemized deductions. Calculated the following amounts:
1. Gross Income 2. Adjusted Gross Income 3. Standard Deduction or Itemized Deduction Amount 4. Taxable Income 5. Taxes Liability
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International Accounting
Authors: Frederick D. Choi, Gary K. Meek
7th Edition
978-0136111474, 0136111475
