Question
Klaryssa and her 5 year old son lived together the entire year and he does qualify to be a dependent. During, 2022 she made $100,000
Klaryssa and her 5 year old son lived together the entire year and he does qualify to be a dependent. During, 2022 she made $100,000 in wages, taxable interest in the amount of $1,000, taxable dividends of $6,000, and capital gains of $5,000. The single deduction is $12,950 and the head of household deduction is $19,400.
Calculate taxable income for 2022.
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Based on the information provided Klaryssas taxable income for 2022 can be calculated as follows C...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
