Answer:
The taxable income will be $ 22,332.
Step-by-step explanation:
Since to calculate your taxable income you must subtract the sum of lines 8 and 9 from line 7, and line 7 refers to an adjusted gross income of $ 34,732, while lines 8 and 9 refer to deductions of $ 12,400 and $ 0 respectively To determine the taxable income, the following calculation must be performed:
34,732 - 12,400 - 0 = X
22.332 = X
Therefore, the taxable income will be $ 22,332.