Data: This year Jack intends to file a married-joint return. Jack received $179,200 of salary and paid $5,750 of interest on loans used to pay qualified tuition costs for his dependent daughter, Deb. This year Jack has also paid moving expenses of $5,000 and $30,900 of alimony to his ex-wife, Diane, who divorced him in 2012. Question: What is Jack's adjusted gross income?
Data: This year Jack intends to file a married-joint return. Jack received $179,200 of salary and paid $5,750 of interest on loans used to pay qualified tuition costs for his dependent daughter, Deb. This year Jack has also paid moving expenses of $5,000 and $30,900 of alimony to his ex-wife, Diane, who divorced him in 2012. Question: What is Jack's adjusted gross income?
Chapter8: Taxation Of Individuals
Section: Chapter Questions
Problem 56P
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Data:
- This year Jack intends to file a married-joint return. Jack received $179,200 of salary and paid $5,750 of interest on loans used to pay qualified tuition costs for his dependent daughter, Deb. This year Jack has also paid moving expenses of $5,000 and $30,900 of alimony to his ex-wife, Diane, who divorced him in 2012.
Question:
- What is Jack's adjusted gross income?
Please and thank you,
Stephanie
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ISBN:
9780357109731
Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT