Mathematics, 20.07.2019 11:00 smokey13

Say you are filing as a single taxpayer. you have a gross income of $61,026 and claim two exemptions. you can make a deduction of $2,871 for interest on your mortgage, a deduction of $2,376 for property tax, an adjustment of $3,206 for business losses, an adjustment of $2,575 for contributions to your retirement plan, a deduction of $2,682 for medical expenses, and an adjustment of $2,440 for business expenses. if exemptions are each worth $3,650 and the standard deduction is $5,700, what is your total taxable income? a. $39,805 b. $35,526 c. $37,576 d. $43,276

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Say you are filing as a single taxpayer. you have a gross income of $61,026 and claim two exemptions...

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