Daniel had adjusted gross income of $60,000,which consisted of $55,000 in wages and $5,000 in dividend income from taxable domestic corporations.His expenses include: What is the net amount deductible by Daniel for the above items?
A)$400
B)$600
C)$1,000
D)$1,600

Question

Daniel had adjusted gross income of $60,000,which consisted of $55,000 in wages and $5,000 in dividend income from taxable domestic corporations.His expenses include:  What is the net amount deductible by Daniel for the above items?
A)$400 
B)$600 
C)$1,000 
D)$1,600

Quizplus · Accepted Answer

A)
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Daniel Had Adjusted Gross Income of $60,000,which Consisted of $55,000