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Problem 3-1 (LO3.2) Daniel Simmons arrived at the following tax information: Gross salary $ 57,840 Interest earnings $ 210 Dividend income $ 150 One personal
Problem 3-1 (LO3.2)
Daniel Simmons arrived at the following tax information: |
Gross salary | $ | 57,840 | Interest earnings | $ | 210 |
Dividend income | $ | 150 | One personal exemption | $ | 3,700 |
Itemized deductions | $ | 6,740 | Adjustments to income | $ | 1,160 |
What amount would he report as taxable income? |
Taxable income | $ |
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