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QUESTION 2 1 points Save Answer Bob Katz and Sally Mander are a married couple with four children. Total wages for 2015 equaled $96,400. Stock
QUESTION 2 1 points Save Answer Bob Katz and Sally Mander are a married couple with four children. Total wages for 2015 equaled $96,400. Stock which had been purchased nine months earlier was sold for a $1,600 gain and stock held for three years was sold for a $7,000 gain. Interest income from savings was $100. ltemized deductions totaled $29,500. Bob and Sally qualify for a $1,500 tax credit. What is Bob's and Sally's taxable income? O $39,000 O $44,600 O $46,000 O $48,400
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