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8 January, 13:03

Ashton's gross pay is $82,000. he receives tax credits of $2,000. he pays total taxes of $4,500. what are his taxable and disposable incomes? ashton's taxable income is $and his disposable income is $.

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  1. 8 January, 14:29
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    A taxable income is the total amount of money left after being deducted by other government payments. Meanwhile, a disposable income is the accounting of income taxes in an employee's payroll. Therefore, Ashton's taxable income is, $80,000 while his disposable income is $75,500.
  2. 8 January, 16:10
    0
    Gross Pay refers to the money earned from work prior to deductions. Tax credits are the amount of money that can be returned to the employee.

    Taxable income = $82,000 + $2000

    Taxable income=$84,000

    Disposable income refers to remaining after deductions of all liabilities.

    Disposable income=$82,000+$2000-$4500

    Disposable income=$75,500
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Home » Business » Ashton's gross pay is $82,000. he receives tax credits of $2,000. he pays total taxes of $4,500. what are his taxable and disposable incomes? ashton's taxable income is $and his disposable income is $.
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