You are a single person with no dependents, earning a salary of $47,810. You have no adjustments to your income. Use the information provided to find your taxable income. Use this equation:taxable income = gross income - (adjustments + deductions + exemptions) Then find your tax liability. Explain how you found your answer.
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Home » Business » You are a single person with no dependents, earning a salary of $47,810. You have no adjustments to your income. Use the information provided to find your taxable income.