Question

Lindsey is a senior who earned $5,400 working at the local bakery. Her employer deducted $480 in withholding taxes from her paychecks. Her parents claim her as a dependent on their tax return. She has no adjustments to her income nor any additional income. What is her Total Income?

a) $4,920
b) $5,400
c) $4,700
d) $4,220

Answer 1

Lindsey's total income is $4,920.

Step-by-step explanation:

To calculate Lindsey's total income, we need to subtract the amount of withholding taxes from her earned income. Her earned income is $5,400 and the amount of withholding taxes is $480. So, her total income would be $5,400 - $480 = $4,920.