Taxable Income: A woman earned wages of $48,200, received $1200 in interest from a savings account, and contributed $2900 to a tax-deferred retirement plan. She also had deductions totaling $6580. She was entitled to a personal exemption of $4,050 a standard deduction Find her gross income, adjusted gross income, and taxable of $6,300. income. Her gross income is A b. Her adjusted gross income is c. Her taxable income is Desk 1 Z O
Taxable Income: A woman earned wages of $48,200, received $1200 in interest from a savings account, and contributed $2900 to a tax-deferred retirement plan. She also had deductions totaling $6580. She was entitled to a personal exemption of $4,050 a standard deduction Find her gross income, adjusted gross income, and taxable of $6,300. income. Her gross income is A b. Her adjusted gross income is c. Her taxable income is Desk 1 Z O
Chapter1: Equations, Inequalities, And Mathematical Modeling
Section1.3: Modeling With Linear Equations
Problem 3ECP: Your family has annual loan payments equal to 28 of its annual income. During theyear, the loan...
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Transcribed Image Text:Taxable Income: A woman earned wages of $48,200, received $1200 in
interest from a savings account, and contributed $2900 to a tax-deferred
retirement plan. She also had deductions totaling $6580.
She was entitled to a personal exemption of $4,050 a standard deduction
Find her gross income, adjusted gross income, and taxable
of $6,300.
income.
Her gross income is
A
b. Her adjusted gross income is
c. Her taxable income
is
Desk 1
Z
O
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