MD is having income of $98,296 from wages and $567 of taxable interest. MD has also mad contributions of $4200 to a tax deferred retirement account. MD has 2 dependents and file as single The standard deduction is 12900 and the exemption is 3400 per exemption. What is MD's Gros Income? Answer to the nearest dollar.

MD is having income of $98,296 from wages and $567 of taxable interest. MD has also mad contributions of $4200 to a tax deferred retirement account. MD has 2 dependents and file as single The standard deduction is 12900 and the exemption is 3400 per exemption. What is MD's Gros Income? Answer to the nearest dollar.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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