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The year is 2023 and you scored a position as a Financial Advisor at Blue Streak Capital Your gross income, entirely from your salary at

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The year is 2023 and you scored a position as a Financial Advisor at Blue Streak Capital Your gross income, entirely from your salary at BSC is $60,000. You alvo made a contribution (an above-the-line deduction) of $6,000 to your employer's 401(K ) plan. You have no significant itemized deductions, so you know yourll use your stondorif dedoction when you file your tax return. What is your 2023 taxable income? $54,000 $46,160 $40,160 $13,850 I point You've inherited some money from an older relative. You've decided to invest $60,000 in an annuity contract that at age 40 will pay you $1,666.67 per month for 30 yean. During payout, how much of each yearly payment is taxable? Hint, $1,666.6712 months is $20,000 per year. $20.000 $15,000 $18,000 $16,666.67

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