A taxpayer earned wages of $52,600, received $720 in interest from a - ProProfs Discuss
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A taxpayer earned wages of $52,600, received $720 in interest from a savings account, and contributed $3200 to a tax deferred retirement plan. He was entitled to a personal exemption of $3500 and had deductions totaling $5450.Find the gross income. Find the adjusted gross income. Find the taxable income.

A taxpayer earned wages of $52,600, received $720 in interest from a savings account, and contributed $3200 to a tax deferred retirement plan. He was entitled to a personal exemption of $3500 and had deductions totaling $5450.Find the gross income.                                                                          Find the adjusted gross income.                                                                       Find the taxable income.

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Asked by Amcmunn, Last updated: Dec 03, 2024

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