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Tim had a gross income of 145,000. The standard deduction is $12,800 but he had $35,000 in itemized deductions. What was his taxable income?

Tim had a gross income of 145,000. The standard deduction is $12,800 but he had $35,000 in itemized deductions. What was his taxable income?
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3 votes
Tim had a gross income of 145,000. The standard deduction is $12,800 but he had $35,000 in itemized

deductions. What was his taxable income?

User LINGS
by
8.1k points

1 Answer

4 votes

Answer:

132,200

Explanation:

User Post Self
by
8.0k points
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