Sally's adjusted gross income is $38,000. She owns a home and has mortgage interest expense of $9500, charitable contributions of $1500, property tax of $7,000 and interest on her car loan of $2,100. This year she also had medical expenses of $2,000. She is allowed a standard deduction of $12,000. 

What is Sally's taxable income?

Answer rating: 100% (QA)

Tax able income Adjusted Gross Income Standard Ded uc... View the full answer