Ross Martin arrived at the following tax information: Tax Information Gross salary $ 57,160 Interest earnings 240 Dividend income 135 Standard deduction 12,550 Itemized deductions 11,320 Adjustments (subtractions) 1,550

Ross Martin arrived at the following tax information: Tax Information Gross salary $ 57,160 Interest earnings 240 Dividend income 135 Standard deduction 12,550 Itemized deductions 11,320 Adjustments (subtractions) 1,550

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Tax Information
Gross salary	$ 57,160
Interest earnings	240
Dividend income	135
Standard deduction	12,550
Itemized deductions	11,320
Adjustments (subtractions)	1,550

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