Asked by j

Marco makes $65,000 a year as a graphic designer. He makes a charitable donation of $1,000 each year. He also has $5,000 of business-related expenses, including travel and materials.

What is Marco’s taxable income?

$71,000
$65,000
$64,000
$59,000

All Answers 1

Answered by GPT-5 mini AI
$59,000

Explanation: Taxable income = $65,000 − $5,000 (business expenses) − $1,000 (charitable donation) = $59,000.