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Christian had $49,679 of income from wages and $142 of taxable interest. Christian also made contributions of $2,800 to a tax-deferred retirement account. Christian
Christian had $49,679 of income from wages and $142 of taxable interest. Christian also made contributions of $2,800 to a tax-deferred retirement account. Christian has 0 dependents and files as single. What is Christian's total income? What is Christian's adjusted gross income? For Christian's filing status, the standard deduction is $6,300, and the exemption amount is $4000 per exemption. What is Christian's taxable income? Use the 2015 tax table to find the income tax for Christian filing as single.
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Christians Tax Information Income Wages49679 Taxable Interest142 Adjustments Retirement Contribution2800 Filing Information Filing StatusSingle Dependents0 Standard Deduction 6300 given for single filers in 2015 Exemption Amount 4000 per exemption given information is not enough to determine exemptions Calculations Total Income Total Income Wages Taxable Interest Total Income 49679 142 Total Income 49821 Adjusted Gross Income AGI AGI Total Income Retirement Contribution ...Get Instant Access to Expert-Tailored Solutions
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