A single taxpayer provided the following information for 2016: $\begin{array}{|l|r|}
\hline \text { Salary } & \$ 80,000 \
\hline \begin{array}{l}
\text { Interest on local government bonds } \
\text { (qualifies as a tax exclusion) }
\end{array} & 4,000 \
\hline \text { Allowable itemized deductions } & 13,000 \
\hline
\end{array}$ What is taxable income?

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The Answer of A single taxpayer provided the following information for 2016: $\begin{array}{|l|r|}
\hline \text { Salary } & \$ 80,000 \
\hline \begin{array}{l}
\text { Interest on local government bonds } \
\text { (qualifies as a tax exclusion) }
\end{array} & 4,000 \
\hline \text { Allowable itemized deductions } & 13,000 \
\hline
\end{array}$ What is taxable income?

A Single Taxpayer Provided the Following Information for 2016 What Is Taxable Income? A) $58,950 B) $62,950 C) $66,950

A Single Taxpayer Provided the Following Information for 2016 What Is Taxable Income?
A) $58,950
B) $62,950
C) $66,950