You have a gross income of $117,151 and are filing your tax return singly. you claim one exemption and can take a deduction of $2,713 for interest on your mortgage, an adjustment of $2,791 for business losses, an adjustment of $1,346 for alimony, a deduction of $2,086 for property taxes, a deduction of $2,376 for contributions to charity, and an adjustment of $1,091 for contributions to your retirement fund. the standard deduction for a single filer is $5,700, and exemptions are each worth $3,650. what is the difference between your adjusted gross income and your taxable income?

Question

20 November, 13:20

+3

Answers (1)

Know the Answer?

Karlee Wade · Answer 1

Its c bud, just did the test, or $10,825