Question
Last year Juni earned $49,800 from her job, and $42 in interest income. Her employer withheld $4800 to pay for health insurance and another $3000
Last year Juni earned $49,800 from her job, and $42 in interest income. Her employer withheld $4800 to pay for health insurance and another $3000 for her tax-deferred retirement account. She qualifies for a deduction of $18,700. Calculate her Gross, Adjusted Gross, and Taxable incomes.
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Fundamental Managerial Accounting Concepts
Authors: Edmonds, Tsay, olds
6th Edition
71220720, 78110890, 9780071220729, 978-0078110894
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