Seudónimo Seudónimo
  • 06-11-2019
  • Mathematics
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Find the AGI and taxable income:

A) $30106 and $19,606
B) $29,586 and $18,505
C) $28,863 and $17,636
D) $31,200 and $20,601

Find the AGI and taxable income A 30106 and 19606 B 29586 and 18505 C 28863 and 17636 D 31200 and 20601 class=

Respuesta :

musiclover10045
musiclover10045 musiclover10045
  • 06-11-2019

AGI = gross income - adjustments:

$30,856 - $750 = $30,106

Taxable income = gross income - adjustments - deductions - exemptions:

$30,856 - $750 - $8,200 - $2,300 = $19,606

The answer is A.

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