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Question - This year Evan graduated from college, and took a job as a deliveryman in the city. Evan was paid a salary of $68,500 and he received $700 in hourly pay for part-time work over the weekends. Evan summarized his expenses below.
Cost of moving his possessions to the city (125 miles away) $ 1,200
Interest paid on accumulated student loans 2,800
Cost of purchasing a delivery uniform 1,400
Contribution to State University deliveryman program 1,300
Calculate Evan's taxable income if he files single with one personal exemption. Assume that interest payments were initially required on Evan's student loans this year.
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