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Author Question: Sally's adjusted gross income is $38,000. She does not own a home, but has charitable contributions ... (Read 123 times)

shofmannx20

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Sally's adjusted gross income is $38,000. She does not own a home, but has charitable contributions of $1,500 and interest on her car loan of $2,100. This year she also had medical expenses of $2,000. She is allowed a standard deduction of $6300 and one personal exemption of $4,000. What is Sally's taxable income?


◦ $38,000
◦ $31,300
◦ $27,700
◦ $29,200


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Marked as best answer by shofmannx20 on Apr 12, 2019

ciecieme

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shofmannx20

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Reply 2 on: Apr 12, 2019
Excellent


bblaney

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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