You and your spouse have earned salary and wages of $41,750. In addition you have municipal bond interest income of $600 and savings account and certificate of deposit interest income of $800. You paid a total of $600 in interest on your student loan

Using only this information, what is your adjusted gross income for tax purposes?
A) $43,150
B) $42,550
C) $42,350
D) $41,950


Answer: D

Business

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