TCO F) (Becker CPA Review Exam: Randolph
(TCO F) (Becker CPA Review Exam Reg. 1) Randolph is a single individual who always claims the standard deduction. Randolph received the following in the current year.
Wages | $ 25,000 |
Unemployment compensation | 6,000 |
Pension distribution (100% taxable) | 4,000 |
A state tax refund from the previous year | 425 |
What is Randolph’s gross income? (Points : 40)