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omewOTR.Revie0w TU Score: 0 of 1 pt 8.2- 27 of 34 (26 complete) HW Score:/6.47.

ID: 2523310 • Letter: O

Question

omewOTR.Revie0w TU Score: 0 of 1 pt 8.2- 27 of 34 (26 complete) HW Score:/6.47. 20 34 p Question Hep * Find the gross income, the adjusted gross income, and the taxable income. account, and-contributed $2.200 to a tax-deferred retirement plan. He was enstied to a personal exemption of $3,800 and A taxpayer earmed wages of s69,600, received $860 in interest from a savings had deductions totaling $6,160 O A. $72.660, $68,860 $62,700 O B. $72.660 $68,860,$64,760 O C. $70.460 $68.260, $64,760 OD. S70.460, $68,200, $58,300 Click to select your answer and then click Check Answer Clear All All parts showing ? Type here to search 8 8 9

Explanation / Answer

Gross Income :69600+860=70460

Adjusted gross income = 70460 - 2200 = 68260

Taxable income = 68260- 3800-6160=58300

correct option is "D"