Question
This year Evan graduated from college, and took a job as a deliveryman in the city. Evan was paid a salary of $68,500 and he
This year Evan graduated from college, and took a job as a deliveryman in the city. Evan was paid a salary of $68,500 and he received $700 in hourly pay for part-time work over the weekends. Evan summarized his expenses below.
Cost of moving his possessions to the city (125 miles away) $ 1,200 Interest paid on accumulated studentloans2,800 Cost of purchasing a deliveryuniform1,400 Contribution to State University deliveryman program 1,300
Calculate Evans taxable income if he files single with one personal exemption. Assume that interest payments were initially required on Evans student loans this year.
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