Match the taxable income terms on the right with the descriptions of the terms on the left. (Note: These are not necessarily complete definitions, but there is only one possible answer for each term.) Description This is calculated by determining income subject to taxes less adjustments, deductions, and exemptions and applying the appropriate rate(s). This term includes wages, salaries, bonusesicommissions, and interestidividendsfalimony, This term relers to an asset sold for more than its original value. Save. Continue

Sure, here's the matching of the taxable income terms with their respective descriptions: 1. **Taxable Income** - **Description:** This is calculated by determining income subject to taxes less adjustments, deductions, and exemptions and applying the appropriate rate(s). 2. **Gross Income** - **Description:** This term includes wages, salaries, bonuses, commissions, and interest, dividends, alimony. 3. **Capital Gain** - **Description:** This term refers to an asset sold for more than its original value. --- **Summary of Matches:** | Description | Term | |------------------------------------------------------------------------------------------------------------------------------------------------------|---------------| | This is calculated by determining income subject to taxes less adjustments, deductions, and exemptions and applying the appropriate rate(s). | **Taxable Income** | | This term includes wages, salaries, bonuses, commissions, and interest, dividends, alimony. | **Gross Income** | | This term refers to an asset sold for more than its original value. | **Capital Gain** | If you need further explanations or additional terms matched, feel free to ask!