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Mathematics, 08.07.2020 23:01 evelynrrojas461
Zach had a salary of $75,000 last year. He also received
$4,500 in interest income from a CD he opened a few years
ago. He contributed $4,000 to an IRA, and had to move to
another state for his new job. His moving expenses were
$5,000. He is an unmarried man, with no dependents, and
claims himself as an exemption. Standard deduction is $5700
for Single, and exemption rate is $3,650 per exemption.
Part I: What was Zach's gross income?
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Answers: 3
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Zach had a salary of $75,000 last year. He also received
$4,500 in interest income from a CD he ope...
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