Jose is 27 years old & not married. His salary was $55,000 for the year and he also received a $2,000 year-end bonus. The interest on his savings account was $15 and his Coca
Cola common stock paid him $65 in dividends during the year. He contributed $6,500 to an IRA (Individual Retirement Account). He does not own a home or have large medical
costs or charitable contributions, so he will not itemize his deductions. What is his 2023 Taxable Income?
Answer will be in dollars, do not type a $, decimal or cents.
× 50,580