Find the gross income, the adjusted gross income, and the taxable income. Base the taxable income...
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Find the gross income, the adjusted gross income, and the taxable income. Base the taxable income on the greater of a standard deduction or an itemized deduction. The taxpayer is single, earned wages of $180,600, received $15,500 in taxable income from investments, and contributed $19,000 to a tax-deferred retirement plan. The interest on her home mortgage was $9885, she contributed $23,000 to charity, and she paid $5375 in state taxes. i Click the icon to view the 2021 marginal tax rates and standard deductions. The gross income is $ (Simplify your answer.) The adjusted gross income is $ (Simplify your answer.) The taxable income is $ (Simplify your answer.) Find the gross income, the adjusted gross income, and the taxable income. Base the taxable income on the greater of a standard deduction or an itemized deduction. The taxpayer is single, earned wages of $180,600, received $15,500 in taxable income from investments, and contributed $19,000 to a tax-deferred retirement plan. The interest on her home mortgage was $9885, she contributed $23,000 to charity, and she paid $5375 in state taxes. i Click the icon to view the 2021 marginal tax rates and standard deductions. The gross income is $ (Simplify your answer.) The adjusted gross income is $ (Simplify your answer.) The taxable income is $ (Simplify your answer.)
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