Question

find the agi and taxable income. responses$20,222 and $7,822$20,222 and $7,822$19,007 and $6,362$19,007 and $6,362$19,007 and $7,822$19,007 and $7,822$20,222 and $6,362

Answer 1

To determine the AGI and taxable income, deductions and exemptions must be subtracted from the adjusted gross income. However, the exact AGI and taxable income figures cannot be determined without additional information.

Step-by-step explanation:

The taxable income can be found by subtracting the deductions and exemptions from the adjusted gross income. Once the taxable income is determined, different tax rates are applied based on income levels. However, without the specific values for adjusted gross income, deductions, exemptions, and tax credits, it is not possible to accurately determine the exact AGI and taxable income figures from the options provided.