Dmitry had $42,000 of income from wages and $1,550 of taxable interest. Dmitry also made contributions of $2,700 to a tax-deferred retirement account. Dmitry has 4 dependents and files as head of household. What is Dmitry's total income? What is Dmitry's adjusted gross income? For Dmitry's filing status, the standard deduction is $18,000. What is Dmitry's taxable income? Use the 2018 tax table to find the income tax for Dmitry filing as head of household. Round to the nearest dollar.

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Fringe Benefit Tax

Fringe benefits are in addition to the compensation that companies give to their employees. It is an additional benefit above the stated salary. It helps to keep the employees of the firm motivated as sometimes the only salary is not enough to retain the quality employees of the firm. There are different types of fringe benefits. Fringe benefits are given in both private as well as public enterprises.