Find the gross income, the adjusted gross income, and the taxable income. A single man earned wages of $87,200, received $2680 in interest from a savings account and contributed $3200 to a...


Find the gross income, the adjusted gross income, and<br>the taxable income.<br>A single man earned wages of $87,200, received<br>$2680 in interest from a savings account and<br>contributed $3200 to a tax-deferred savings plan. He<br>is entitled to a personal exemption of $4050 and a<br>standard deduction of $6300. The interest on his<br>home mortgage was $11,700, he paid $4300 in<br>property taxes and $5220 in state taxes, and he<br>contributed $15,000 to charity.<br>$89,880; $86,680; $46,410<br>$89,880; $86,680; $46,140<br>$89,880; $86,860; $46,410<br>$89,800; $86,680; $46,400<br>

Extracted text: Find the gross income, the adjusted gross income, and the taxable income. A single man earned wages of $87,200, received $2680 in interest from a savings account and contributed $3200 to a tax-deferred savings plan. He is entitled to a personal exemption of $4050 and a standard deduction of $6300. The interest on his home mortgage was $11,700, he paid $4300 in property taxes and $5220 in state taxes, and he contributed $15,000 to charity. $89,880; $86,680; $46,410 $89,880; $86,680; $46,140 $89,880; $86,860; $46,410 $89,800; $86,680; $46,400

Jun 05, 2022
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