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A person earns $50,000 per year. She deducts $3,000 for charitable donations. She also receives a $2,000 tax credit. What is the person's taxable income? A. $50,000 B. $47,…

A person earns $50,000 per year. She deducts $3,000 for charitable donations. She also receives a $2,000 tax credit. What is the person's taxable income? A. $50,000 B. $47,…
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1 vote
A person earns $50,000 per year. She deducts $3,000 for charitable donations. She also receives a $2,000 tax credit.

What is the person's taxable income?

A.
$50,000

B.
$47,000

C.
$52,000

D.
$48,000

asked
User Ksuralta
by
8.3k points

1 Answer

4 votes

Answer:

D

Step-by-step explanation:

she has to pay tax before donating for charity

answered
User Mwende
by
7.5k points
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