Computer Science, asked by reenajayant2006, 7 months ago

wap to conbute the tax for the income 1223432.The income upto 300000 is not taxable and the taxable and the taxes computed as 15% of taxable income

Answers

Answered by anushka177561

1

Explanation:

To calculate taxable income, you begin by making certain adjustments from gross income to arrive at adjusted gross income (AGI). Once you have calculated adjusted gross income, you can subtract any deductions for which you qualify (either itemized or standard) to arrive at taxable income.Jan 1, 2020

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