LaTosha had $103,500 of income from wages and $3,550 of taxable interest. LaTosha also made contributions of $2,800 to a tax-deferred retirement account. LaTosha has 0 dependents and files as single. What is LaTosha's total income? What is LaTosha's adjusted gross income? For LaTosha's filing status, the standard deduction is $12,000. What is LaTosha's taxable income? Use the 2018 tax table to find the income tax for LaTosha filing as single. Round to the nearest dollar.
LaTosha had $103,500 of income from wages and $3,550 of taxable interest. LaTosha also made contributions of $2,800 to a tax-deferred retirement account. LaTosha has 0 dependents and files as single. What is LaTosha's total income? What is LaTosha's adjusted gross income? For LaTosha's filing status, the standard deduction is $12,000. What is LaTosha's taxable income? Use the 2018 tax table to find the income tax for LaTosha filing as single. Round to the nearest dollar.
Chapter8: Taxation Of Individuals
Section: Chapter Questions
Problem 29P: Arthur and Cora are married and have 2 dependent children. They have a gross income of 95,000. Their...
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LaTosha had $103,500 of income from wages and $3,550 of taxable interest. LaTosha also made contributions of $2,800 to a tax-deferred retirement account. LaTosha has 0 dependents and files as single.
What is LaTosha's total income?
What is LaTosha's adjusted gross income?
For LaTosha's filing status, the standard deduction is $12,000. What is LaTosha's taxable income?
Use the 2018 tax table to find the income tax for LaTosha filing as single. Round to the nearest dollar.
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