Marysa is single and earned wages of 58 thousand dollars in 2019. They also earned $17,762 through an at-home crafting business and made tax-deductible contributions totaling 14 thousand dollars to a variety of charitable organizations. Since the charitable contributions add up to more than the 2020 standard deduction of $12,400, they decide to itemize deductions rather than take the standard deduction. Marysa also identifies $669 worth of itemized deductions in addition to the tax-deductible charitable contributions. Calculate Marysa's taxable income. Do not use $ symbols in your answer, only enter the number.

Marysa is single and earned wages of 58 thousand dollars in 2019. They also earned $17,762 through an at-home crafting business and made tax-deductible contributions totaling 14 thousand dollars to a variety of charitable organizations. Since the charitable contributions add up to more than the 2020 standard deduction of $12,400, they decide to itemize deductions rather than take the standard deduction. Marysa also identifies $669 worth of itemized deductions in addition to the tax-deductible charitable contributions. Calculate Marysa's taxable income. Do not use $ symbols in your answer, only enter the number.

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter12: Sequences, Series And Binomial Theorem

Section12.3: Geometric Sequences And Series

Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...

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