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Your gross income is $83 thousand. The standard deduction is $12000. You contributed $16 thousand to your traditional 401k, and your employer made a
Your gross income is $83 thousand. The standard deduction is $12000. You contributed $16 thousand to your traditional 401k, and your employer made a matching contribution of 50 cents on the dollar. You also contributed to your Roth IRA for the year, making an $5500 contribution. What is your taxable income for the year?
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To calculate your taxable income we need to subtract the standard deduction and any ta...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
