This topic contains a solution. Click here to go to the answer

Author Question: Lucky Louie earned $100,000 salary this year, had total itemized deductions of $10,000, one personal ... (Read 144 times)

Redwolflake15

  • Hero Member
  • *****
  • Posts: 569

Lucky Louie earned $100,000 salary this year, had total itemized deductions of $10,000, one personal exemption equal to $4,000 and interest income of $3,000. Louie, was not so lucky in the stock market however and had capital losses of $8,000. What was Lucky Louie's taxable income?


◦ $86,000
◦ $81,000
◦ $89,000
◦ $90,000


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Redwolflake15 on Apr 12, 2019

lindahyatt42

  • Sr. Member
  • ****
  • Posts: 322
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 44% of students answer this correctly




Redwolflake15

  • Member
  • Posts: 569
Reply 2 on: Apr 12, 2019
Excellent


at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

For a complete list of videos, visit our video library