Answer:
The correct option is e. $79,000
Explanation:
Taxable income: The taxable income is that income which is come after deducting the deductions from the adjusted gross income. It is that income on which tax is levied and which is to be submitted to the government.
In mathematically,
Taxable income = Adjusted gross income - itemized deductions
= $98,000 - $19,000
= $79,000
Hence, the taxable income will Ramon show in 2018 is $79,000
Therefore, the correct option is e. $79,000
