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Kevin earned $28,500 in gross wages last year and had $1,350 in capital

gains. How much of Kevin's income from last year subject to income
tax?
O $29.850
O $27.150
O $28.500
O $1,350

Kevin earned $28,500 in gross wages last year and had $1,350 in capital gains. How-example-1
User Ushani
by
6.3k points

1 Answer

1 vote

Answer: $29850

Explanation:

From the question, we are informed that Kevin earned $28,500 in gross wages last year and had $1,350 in capital gains.

The amount of Kevin's income from last year that is subject to income tax will be the addition of the amount he earned and his capital gains. This will be:

= $28500 + $1350

= $29850

User Elham Shahidi
by
6.0k points