Carter is a single individual with a gross annual income of $⁢90,000 He claims $⁢15,000 in deductions and $⁢5,000 in exemptions. What is Carter's taxable income after accounting for deductions and exemptions?

Subtract the deductions and exemptions from Carter’s gross annual income: $90,000 − $15,000 − $5,000 = $70,000. Carter’s taxable income is $70,000, which is choice C.

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