Ross Martin arrived at the following tax information: Tax Information $ 58,610 Gross salary Interest earnings Dividend income Standard deduction Itemized deductions 290 235 12,000 11,420 2,050 Adjustments to income What amount would Ross report as taxable income? Taxable income

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter5: Gross Income: Exclusions
Section: Chapter Questions
Problem 5BCRQ
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1
Ross Martin arrived at the following tax information:
Tax Information
$ 58,610
Gross salary
Interest earnings
Dividend income
5
290
polnts
235
Standard deduction
12,000
11,420
2,050
Skipped
Itemized deductions
Adjustments to income
еВook
What amount would Ross report as taxable income?
Hint
Taxable income
Print
References
Transcribed Image Text:1 Ross Martin arrived at the following tax information: Tax Information $ 58,610 Gross salary Interest earnings Dividend income 5 290 polnts 235 Standard deduction 12,000 11,420 2,050 Skipped Itemized deductions Adjustments to income еВook What amount would Ross report as taxable income? Hint Taxable income Print References
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