Mathematics, 19.12.2020 03:40 raeleemae
A part-time bookkeeper received two W-2 forms for the work she did last year, and she is trying to figure out her taxable income so that she can file her federal income tax return. On the first W-2 form, the figure in box 1 was $2612.98, while on the second W-2 form, the figure in box 1 was $6587.63, and the bookkeeper had no other income last year. She will claim herself as an exemption for $3650 and file with the Single filing status, using the standard deduction of $5700.
Part I: What was the bookkeeper's gross income last year?
Part II: What is the sum of the amounts of the bookkeeper's standard deduction and exemption?
Part III: What was the bookkeeper's taxable income last year?
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A part-time bookkeeper received two W-2 forms for the work she did last year, and she is trying to f...
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