What is nicks taxable income

Reference no: EM131928529

Problem

Nick is married and has three children in college. His wife is a homemaker. Nick has an adjusted gross income of $44,600. If Nick's standard deduction is $11,900 , his itemized deductions are $12,803 , and he gets an exemption of $3,800 for himself, his wife, and each dependent, what is his taxable income?

Reference no: EM131928529

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