A man earned wages of $39,400, received $2700 in interest from savings account, and contributed $3500 to a tax-deferred retirement plan. He was entitled to a personal exemption of $4050 and had deductions totaling $6970. Find his gross income, adjusted gross income, and taxable income.

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06-10-2022
Mathematics

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A man earned wages of $39,400, received $2700 in interest from savings account, and contributed $3500 to a tax-deferred retirement plan. He was entitled to a personal exemption of $4050 and had deductions totaling $6970. Find his gross income, adjusted gross income, and taxable income.

Sagot :

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