Alicia earned $20,000 last year as a carpenter. She paid $1,000 on taxes and $6,000 for food,

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Alicia earned $20,000 last year as a carpenter. She paid $1,000 on taxes and $6,000 for food, rent, medical expenses, and other "necessities."

What was Alicia's discretionary income last year?

Related Book For answer-question

South-Western Federal Taxation 2020 Comprehensive

ISBN: 9780357109144

43rd Edition

Authors: David M. Maloney, William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman

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Posted Date: Mar 26, 2024 12:51 AM

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Alicia earned $20,000 last year as a carpenter. She paid $1,000 on taxes and $6,000 for food,

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To calculate Alicias discretionary income we need to subtract her nec... View the full answer

South-Western Federal Taxation 2020 Comprehensive

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