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Blake95

  • 2 years ago

Addison is an unmarried individual who earned a gross income of $69,192 last year. She made $4,902.79 in IRA contributions, donated $1,956 to her favorite charities and paid $1,475.25 in mortgage interest. A standard deduction is $5,700 for an unmarried individual. If Addison’s exemption is $3,650, what is her taxable income?

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  1. Blake95
    • 2 years ago
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    $64,744.79 $61,313.54 $68,488.79 $54,939.21

  2. e.cociuba
    • 2 years ago
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    $64,744.79.

  3. e.cociuba
    • 2 years ago
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    im pretty sure...:)

  4. Blake95
    • 2 years ago
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    which ones did you subtract and why? Im doing an exam and im trying not to miss any

  5. LizzyLove<3
    • 2 years ago
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    e.cociuba is right:) its common sense kind of

  6. Blake95
    • 2 years ago
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    Im just unsure which ones to deduct....

  7. Blake95
    • 2 years ago
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    Im trying to understand not just get the answer

  8. LizzyLove<3
    • 2 years ago
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    ohh sry

  9. Blake95
    • 2 years ago
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    Its fine, im glad you confirmed its right!

  10. LizzyLove<3
    • 2 years ago
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    im sorry i couldn't help u further...Good luck on the EXAM!!!!

  11. strawberry17
    • one year ago
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    I think it is the last one

  12. e.cociuba
    • one year ago
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    umm hun this was 2 months ago...

  13. strawberry17
    • one year ago
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    Since the itemized deductions equal less than the standard deduction, she would take the standard deduction. 69192 - 4902.79 - 5700 - 3650 = ?

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