# Need help to decided which is correct

Anonymous

Question description

Ramon, a single taxpayer, has adjusted gross income for 2013 of \$98,000 and his itemized deductions total \$19,000. What taxable income will Ramon show in 2013?

Answer 1: For taxable income over \$89,350 but not over \$\$186,350, the income tax is \$18,193.75 plus 28% of the amount over \$89,350. [(\$98,000 - \$89,350) * 28% = \$2,422]. The tax is therefore \$18,193.75 + \$2,422 = \$20,615.75

Answer 2: \$75,350 (\$98,000 - \$3,650 - \$19,000)

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