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Line 9 and 10

To calculate your taxable income, subtract the sum of lines 8
and 9 from line 7, and then enter that number here.

Line 9 and 10 To calculate your taxable income, subtract the sum of lines 8 and 9 from-example-1

1 Answer

7 votes

Answer:

22,332

Step-by-step explanation:

The taxable income :

Line 8 = Standard deduction or itemized deduction

Line 9 = Qualified business income deduction

Line 7 = Adjusted gross income

Taxable income = Adjusted gross income - (Qualified business income deduction + standard deduction)

Taxable income = 34732 - (12400 + 0)

Taxable income = 34732 - 12400

Taxable income = 22,332

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