5
QuizMultiple Choice

Simple Income Tax — Quiz

Question 5 • Financial Math

Carter is a single individual with a gross annual income of $⁢90,000 He claims $⁢15,000 in deductions and $⁢5,000 in exemptions. What is Carter's taxable income after accounting for deductions and exemptions?

Answer
A
70 dollars comma 000
B
85 point 0 0 0 dollars
C
110 dollars comma 000
D
95 dollars comma 000
Previous
Next