select the correct answer.\nwhich phrase best describes taxable income?\na. all income and wages received…

select the correct answer.\nwhich phrase best describes taxable income?\na. all income and wages received from working\nb. all income received\nc. adjusted gross income minus any allowable tax credits\nd. adjusted gross income minus any allowable tax deductions\ne. income from sources other than wages, such as interest and dividends

select the correct answer.\nwhich phrase best describes taxable income?\na. all income and wages received from working\nb. all income received\nc. adjusted gross income minus any allowable tax credits\nd. adjusted gross income minus any allowable tax deductions\ne. income from sources other than wages, such as interest and dividends

Answer

Brief Explanations:

La renta gravable se calcula restando cualquier deducción fiscal permitida de la renta bruta ajustada. Las deducciones reducen la base imponible. Los créditos fiscales se aplican después de calcular la renta gravable para reducir el monto del impuesto.

Answer:

D. adjusted gross income minus any allowable tax deductions