Question

Claire earned a gross income of $65,745 last year. She made $1,344.50 in student loan interest deductions and $2,309.67 in IRA contributions. She also made $2,170.83 in non-reimbursed medical expenses, donated $432.16 to her favorite charity, and paid $861.23 toward her mortgage interest. Claire claims a standard deduction of $11,400 for herself and her non-working spouse. If their exemption is $7,300, what is their taxable income?

Answer 1

Claire earned a gross income of $65,745 last year. She made $1,344.50 in student loan interest deductions and $2,309.67 in IRA contributions. She also made $2,170.83 in non-reimbursed medical expenses, donated $432.16 to her favorite charity, and paid $861.23 toward her mortgage interest. Claire claims a standard deduction of $11,400 for herself and her non-working spouse. If their exemption is $7,300, what is their taxable income? @Kristen17

Answer 2

@ZachH54 @charlotte123 @math&ing001

Answer 3

@sunnyshores

Answer 4

@FLVSenglishstudent

Answer 5

what?

Answer 6

i need help with this math question please

Answer 7

ok

Answer 8

Claire earned a gross income of $65,745 last year. She made $1,344.50 in student loan interest deductions and $2,309.67 in IRA contributions. She also made $2,170.83 in non-reimbursed medical expenses, donated $432.16 to her favorite charity, and paid $861.23 toward her mortgage interest. Claire claims a standard deduction of $11,400 for herself and her non-working spouse. If their exemption is $7,300, what is their taxable income?

Answer 9

thats the question

Answer 10

im so stuck and confused with this question

Answer 11

im not sure if im supposed to only add the 11,400 and 7,300 and then subtract to the income or add the other numbers and then subtract that instead

Answer 12

@ZachH54

Answer 13

add then divide 2 see if that works

Answer 14

wait add what? @ZachH54

Answer 15

add 11,400 and 7,300 then divide by 2 and c if tht works

Answer 16

wait why would i divide it by 2? @ZachH54

Answer 17

im looking for the taxable income

Answer 18

wait

Answer 19

what? @ZachH54

Answer 20

4100

Answer 21

that isnt one of the choices @ZachH54 its okay though..ill just guess

Answer 22

thanks though (:

Answer 23

what are the choices?

Answer 24

$39,926.61

$43,390.83

$45,700.50

$51,326.61

Answer 25

@ZachH54

Answer 26

yeah sorry idk how they got that at all I added and subrtacted all that needed to be and still didnt get it sorry

Answer 27

neither did I, its so confusing but thanks (: @ZachH54

Answer 28

yeah sorry i couldnt help.

Answer 29

its okay :3 @ZachH54