Income tax / Accounting
posted by austin .
Computation of taxable income: The following information for 2009 relates to Tom, a single taxpayer, age 18.
Intrest income $1,600
Itemized deductions $ 600
A. Compute Tom's taxable income assuming he is self-supporting
B. Compute Toms's taxable income assuming he is a dependent of his parents.
- Income tax / Accounting - SraJMcGin