Advanced Algebra
posted by Steve
Jeffrey earned a gross income of $51,280 last year. He made $1,746.83 in student loan interest deductions, donated $2,914 to his favorite charities and paid $3,941.47 in home mortgage interest. Jeffrey claims a standard deduction of $11,400 for himself and his nonworking spouse. If their exemption is $7,300, what is their taxable income?
26,891.70
$23,977.70
$35,377.70
$30,833.17
my answer is d
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