Solved

Solve the Problem

Question 86

Multiple Choice

Solve the problem. Refer to the table if necessary. Solve the problem. Refer to the table if necessary.   -Jeff earned wages of $48,267, received $1837 in interest from a savings account, and contributed $ 3210 to a tax deferred retirement plan. He was entitled to a personal exemption of $3900 and had Deductions totaling $7314. Find his taxable income. A) $60,628 B) $43,480 C) $53,314 D) $35,680
-Jeff earned wages of $48,267, received $1837 in interest from a savings account, and contributed $ 3210 to a tax deferred retirement plan. He was entitled to a personal exemption of $3900 and had
Deductions totaling $7314. Find his taxable income.


A) $60,628
B) $43,480
C) $53,314
D) $35,680

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions