Question

PLEAE HELP ME I REALLY NEED IT!!!!!!!!!

Select the correct answer.
Which phrase best describes taxable income?

Answer 1

The correct answer is D.

Explanation:

Taxable income is the income that is reached by taxes established by the government, that is, those sums of money from individuals that the government levies with a tax contribution. The so-called deductions are deducted from these sums, with which the apportionment between taxable income and deductions results in the final amount of taxes to be paid.