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Solve the following #1) Alexander is single and had a gross income of $45,670. He invested $2,750 into an approved retirement plan. Find (a) his adjusted gross income and (b) his taxable income.

Solve the following #1) Alexander is single and had a gross income of $45,670. He invested $2,750 into an approved retirement plan. Find (a) his adjusted gross income and (b) his taxable income.

Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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2:17 PM Wed Sep 29 l: 20% I AA A goformative.com & goformative.com/?section=6114... A Taxable Income G https://dm2ec218nt2z5.cloudfro.. 15: Taxable Income Name: Solve the following #1) Alexander is single and had a gross income of $45,670. He invested $2,750 into an approved retirement plan. Find (a) his adjusted gross income and (b) his taxable income. AGI: Тахаble: # 2) Monica is married and had wages of $55,500, interest of $550, and won $1,000 at bingo. She had business losses of $2,000. She had itemized deductions of $10,050. Find (a) her gross income, (b) adjusted gross income and (c) his taxable income. Gross: AGI: Тахаble: #3) Ruth is married and has a gross income of $51,500. Last year she invested $2,700 into an approved retirement plan. She had itemized deductions of $26,725. Find (a) her adjusted gross income and (b) her taxable inçome. 6 AGI: Тахаble: # 4) Takijah is a single taxpayer with an annual salary of $42,700 from her full-time job. She also works a part-time job and earned another $10,200. She had business losses of $2,950 last year. Find (a) her gross income, (b) adjusted gross income and (c) her taxable income. Gross: 9 AGI: 10 Тахable: #5) Christian is married and had a salary of $75,990. He also had interest of $9,450 and won $3,000 on scratch tickets. Last year he had $32,300 is itemized deductions. Find (a) his gross income, (b) adjusted gross income and (c) his taxable income. Gross: 12 AGI: (13 Тахаble:
Transcribed Image Text:2:17 PM Wed Sep 29 l: 20% I AA A goformative.com & goformative.com/?section=6114... A Taxable Income G https://dm2ec218nt2z5.cloudfro.. 15: Taxable Income Name: Solve the following #1) Alexander is single and had a gross income of $45,670. He invested $2,750 into an approved retirement plan. Find (a) his adjusted gross income and (b) his taxable income. AGI: Тахаble: # 2) Monica is married and had wages of $55,500, interest of $550, and won $1,000 at bingo. She had business losses of $2,000. She had itemized deductions of $10,050. Find (a) her gross income, (b) adjusted gross income and (c) his taxable income. Gross: AGI: Тахаble: #3) Ruth is married and has a gross income of $51,500. Last year she invested $2,700 into an approved retirement plan. She had itemized deductions of $26,725. Find (a) her adjusted gross income and (b) her taxable inçome. 6 AGI: Тахаble: # 4) Takijah is a single taxpayer with an annual salary of $42,700 from her full-time job. She also works a part-time job and earned another $10,200. She had business losses of $2,950 last year. Find (a) her gross income, (b) adjusted gross income and (c) her taxable income. Gross: 9 AGI: 10 Тахable: #5) Christian is married and had a salary of $75,990. He also had interest of $9,450 and won $3,000 on scratch tickets. Last year he had $32,300 is itemized deductions. Find (a) his gross income, (b) adjusted gross income and (c) his taxable income. Gross: 12 AGI: (13 Тахаble:
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