Question

bill wants to prepare his own taxes but wants a bit more guidance. he wants to file taxes without having to spend much money. what is his best option for filing taxes?

prepare his taxes on her own.

prepare his taxes with using an electronic tax program.

hire someone to prepare his taxes.

choose to not file taxes this year.

question 6
3 pts
whitney made $45,000 at her job last year. this was her gross income. she then subtracted her deductions and her new total came to $41,435. what does this new total represent?

a standard deduction

an itemized deduction

an earned income credit

an adjusted gross income

Explanation:

First Question (Bill's Tax Filing Option)

• "Prepare his taxes on her own" has a pronoun error and lacks guidance.
• "Prepare his taxes with using an electronic tax program" provides guidance (via the program) and is cost - effective, fitting Bill's need for guidance and low cost.
• "Hire someone to prepare his taxes" would be more expensive, so it's not ideal.
• "Choose to not file taxes this year" is not a valid option as filing taxes is a legal requirement in most cases.

• A standard deduction is a fixed amount deducted, not the result of subtracting deductions from gross income.
• An itemized deduction is a specific type of deduction, not the resulting total.
• An earned income credit is a tax credit, not related to this calculation.
• Adjusted gross income (AGI) is calculated by subtracting deductions from gross income, which matches Whitney's situation (subtracted deductions from $45,000 to get $41,435).

Answer:

B. Prepare his taxes with using an electronic tax program.

Second Question (Whitney's Income)