The Johnsons Calculate Their Income Taxes part 3

Business & Finance
Tutor: None Selected Time limit: 1 Day

income from the trust that is taxed in the same way as interest income from checking and savings accounts. Harry contributed $3,000 into a traditional IRA. 1. What is the Johnsons’ reportable gross income on their joint tax return?

Jan 10th, 2015

$144,000 is the johnsons reportable income!

Jan 10th, 2015

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