Question: For 2 0 2 4 , Matt, a single individual with no dependents, receives income of $ 5 1 , 0 0 0 and incurs

For 2024, Matt, a single individual with no dependents, receives income of $51,000 and incurs deductible expenses of $11,500.
What is Matt's taxable income assuming that the expenses are deductions for adjusted gross income(AGI)?
What is Matt's taxable income assuming that the expenses are itemized deductions from AGI?

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