Franklin Stewart arrived at the following tax information Gross salary Interest earnings Eligible dividend income Besit personal amount Union dues Moving expense (58 in for employment) $ 52,000 338 S 3,650 8,470 2,958 What amount will Franklin report as taxable income? (Round your answer to the nearest dollar amount Omit the "S" sign in your response) Taxable income

SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter9: Individuals As Taxpayers
Section: Chapter Questions
Problem 4CE
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Franklin Stewart arrived at the following tax information:
Gross salary
Interest earnings
Eligible dividend income
Basic personal amount
Union dues
Moving expense (58 km for employment)
$ 52,00€
330
128
3,650
8,470
2,950
What amount will Franklin report as taxable income? (Round your answer to the nearest dollar amount. Omit the "S" sign in your
response)
Taxable income
Transcribed Image Text:Franklin Stewart arrived at the following tax information: Gross salary Interest earnings Eligible dividend income Basic personal amount Union dues Moving expense (58 km for employment) $ 52,00€ 330 128 3,650 8,470 2,950 What amount will Franklin report as taxable income? (Round your answer to the nearest dollar amount. Omit the "S" sign in your response) Taxable income
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