A Single Taxpayer Provided the Following Information for 2019 What Is Taxable Income?
A)$71,000
B)$67,800
C)$80,000
D)$67,000

Multiple Choice

A single taxpayer provided the following information for 2019: $$\begin{array} { | l | r | } \hline \text { Salary } & \$ 80,000 \\\hline \text { Interest on local government bonds } & 4,000 \\\text { (qualifies as a tax exclusion) } & \\\hline \text { Allowable itemized deductions } & 13,000 \\\hline\end{array}$$ What is taxable income?

A) $71,000
B) $67,800
C) $80,000
D) $67,000