Question
Your neighbor earned wages of $86,400, won $350,000 on a television game show, and contributed $50,000 to a tax-deferred savings plan. She is entitled
Your neighbor earned wages of $86,400, won $350,000 on a television game show, and contributed $50,000 to a tax-deferred savings plan. She is entitled to a personal exemption of $3800 and a standard deduction of $5950. The interest on her home mortgage was $9200 and she contributed $95,000 to charity. Find the gross income? $ Find the adjustable gross income? Find the taxable income? $
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Essentials Of Federal Taxation 2018
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
9th Edition
1260007642, 978-1260150292, 1260150291, 978-1260007640
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