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His annual salary is $91 520 and he has $7300 in allowable tax deductions.

What is his taxable income?

Taxable income = $

User Amunategui
by
8.3k points

1 Answer

1 vote

Answer:

$84,220

Explanation:

To calculate the taxable income, we need to subtract the allowable tax deductions from the annual salary:

Taxable income = Annual salary - Allowable tax deductions

Taxable income = $91,520 - $7,300

Taxable income = $84,220

Therefore, his taxable income is $84,220.

User Vlas Sokolov
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7.6k points