Question: Plese answer this one question clearly, It has three requirnments that are A, B, AND C: a. Compute their gross income. b. Compute their adjusted

Plese answer this one question clearly, It has three requirnments that are A, B, AND C:

a.	Compute their gross income.
b.	Compute their adjusted gross income.
c.	Compute their taxable income assuming they have a dependent daughter.

Plese answer this one question clearly, It has three requirnments that are A, B, AND C: a. Compute their gross income. b. Compute their adjusted gross income. c. Compute their taxable income assuming they have a

Jason and Penny are married and file joinly. In 2017, Jason eamed a salary of 540,000. Penny is self-employed. Her gross business income was $54,000 and her business expenses totaled $20,000. Each contributed $5,500 to a deductible IRA. Their itemized deductions total S13,800. Compute Parts a, b, and c without regard to self-employment tax Click the icon to view the standard deduction andpersonal and dependency exemption amounts 0 Requirements a. Compute their gross income. b. Compute their adjusted gross income c. Compute their taxable income assuming they have a dependent daughter Print Done

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