Richard's gross yearly income is $50,824. He is single with no children, and his tax deductible...

 

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Richard's gross yearly income is $50,824. He is single with no children, and his tax deductible purchases are: Charitable contributions: $2,645 Mortgage Interest: $2,472 Student Loans: $2,500 Compute his taxable income. Richard's gross yearly income is $50,824. He is single with no children, and his tax deductible purchases are: Charitable contributions: $2,645 Mortgage Interest: $2,472 Student Loans: $2,500 Compute his taxable income.

Answer rating: 100% (QA)

Richards total itemized deductions are 2645 2472 2500 7617 Richards stand... View the full answer