Question: QUESTION 7 11 points Save Answer Charles is a proprietorship. Charles also incurs $80,000 of deductible business expenses in connection single person, age 35, with

 QUESTION 7 11 points Save Answer Charles is a proprietorship. Charles

QUESTION 7 11 points Save Answer Charles is a proprietorship. Charles also incurs $80,000 of deductible business expenses in connection single person, age 35, with no dependents In 2015, Charles has gross income of $75,000 from his sole with his proprietorship. He has interest and dividend income of $22,000. Charles has no itemized deductions Charles's 2015 taxable income is $13,000 $6,700 $17.000 $10,700. 935 PM

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