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Zack is single and has collected the following information for preparing his 2020 taxes: Gross income $74,000, tax credits $2,500, itemized deductions $9,000, deductions for
Zack is single and has collected the following information for preparing his 2020 taxes: Gross income $74,000, tax credits $2,500, itemized deductions $9,000, deductions for AGI $5,000, tax prepayments $8,400. Based on this information, Zack's "adjusted gross income" equals $69000 and his "taxable income" equals
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