khamyiahrogers khamyiahrogers
  • 20-03-2019
  • Social Studies
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What is a person's taxable income?

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oppp6535
oppp6535 oppp6535
  • 20-03-2019

the amount of income used to calculate how much tax an individual or a company owes to the government in a given tax year. It is generally described as gross income or adjusted gross income (which is minus any deductions or exemptions allowed in that tax year).

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ccot5939
ccot5939 ccot5939
  • 24-07-2019

Answer:

It is the gross income after subtracting exemptions and deductions  (Gradpoint answer)

Explanation:

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