question archive Assume the standard deduction for a single person is $6,350

Assume the standard deduction for a single person is $6,350

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Assume the standard deduction for a single person is $6,350. Daniel Simmons arrived at the following tax information:

      Gross salary$60,080 Interest earnings$220 Dividend income$160   Itemized deductions$7,180 Adjustments to income$1,200

What amount would he report as taxable income?

 

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