Braxton and Kaih both work for XYZ Corporation where Braxton earns $73,000, and Kaih earns $65,000.XYZ Corporation does offer a retirement plan for its employees. Braxton and Kaih have three-year old twin daughters named Trisha and Tasha. The following is information related to their taxes for the current tax year: Gross income Braxton's Traditional IRA contribution Kaih's Traditional IRA contribution Total itemized deductions Child Credit per child Standard deduction Marginal tax rate What is Braxton and Kaih's taxable income? a. $100,300 b. $106,300 c. $76,600 d. $104,300 $138,000 $2,000 $2,000 $29,700 $2,000 $27,700 22 percent

Braxton and Kaih both work for XYZ Corporation where Braxton earns $73,000, and Kaih earns $65,000. XYZ Corporation does offer a retirement plan for its employees. Braxton and Kaih have three-year old twin daughters named Trisha and Tasha. The following is information related to their taxes for the current tax year: What is Braxton and Kaih's taxable income? a. $100,300 b. 5106,300 c. $76,600 d. $104,300