Tracy is single and has an adjustable gross income of $51,500 this year. If Tracy's itemized deductions are $12,695, the standard deduction is $6,300, and her personal exemption is $400, what is her taxable income?

Tracy is single and has an adjustable gross income of $51,500 this year. If Tracy's itemized deductions are $12,695, the standard deduction is $6,300, and her personal exemption is $400, what is her taxable income?

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter3: Computing The Tax

Section: Chapter Questions

Problem 17DQ

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