Solved

Greg Is Single

Question 106

Essay

Greg is single. During 2020, he received $60,000 of salary from his employer. That was his only source of income. He reported $3,000 of for AGI deductions and $9,000 of itemized deductions. The 2020 standard deduction amount for a single taxpayer is $12,400. What is Greg's taxable income?

Correct Answer:

verifed

Verified

$44,600, c...

View Answer

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

Related Questions