Ross Martin arrived at the following tax information: 1. Gross salary, $56,145 2. Interest earnings, $205 3.

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Ross Martin arrived at the following tax information:

1. Gross salary, $56,145 

2. Interest earnings, $205 

3. Dividend income, $65 

4. Standard deduction, $12,550 

5. Itemized deductions, $11,250 

6. Adjustments to income, $1,200 

7. What amount would Ross report as taxable income?

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Related Book For  answer-question

Personal Finance

ISBN: 9781264101597

14th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

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