Question
Randolph is a single individual who always claims the standard deduction. Randolph received the following in the current year. Wages $ 30,000 Unemployment compensation 6,000
Randolph is a single individual who always claims the standard deduction. Randolph received the following in the current year.
| Wages | $ 30,000 |
| Unemployment compensation | 6,000 |
| Pension distribution (100% taxable) | 4,000 |
| A state tax refund from the previous year | 650 |
What is Randolphs gross income?
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Equity Asset Valuation
Authors: Jerald E. Pinto, Elaine Henry, Thomas R. Robinson, John D. Stowe, Abby Cohen
2nd Edition
470571439, 470571438, 9781118364123 , 978-0470571439
