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please answer only if you are confident with your answer will rate ASAP if your answer is satisfactory Barbie and Jose are married and claim
please answer only if you are confident with your answer will rate ASAP if your answer is satisfactory
Barbie and Jose are married and claim 2 exemptions. Last year Barbie earned $32,400 and Jose earned $28,600 in wages. Additional tax information for the year is as follows: Interest earned: $2,800; alimony paid: $5,900; contributions to IRA retirement fund: $2,300; state and local income taxes paid: $6,200; contributions to charity: $2,700. Find the taxable income if they file a joint return. A. $39,100 B. $37,950 C. $35,300 D. $39,200Step by Step Solution
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