A woman earned wages of 32 500 received 1400 in interest

Last updated: 5/22/2023

A woman earned wages of 32 500 received 1400 in interest from a savings account and contributed 3500 to a tax deferred retirement plan She was entitled to a personal exemption of 4050 and a standard deduction of 6300 The interest on her home mortgage was 8400 she contributed 2300 to charity and she paid 1800 in state taxes Find her gross income adjusted gross income and taxable income Base the taxable income on the greater of a standard deduction or an itemized deduction