This year Diane intends to file a married - joint return. Diane received $188,300 of salary and paid $8, 150 of interest on loans used to pay qualified tuition costs for her dependent daughter, Deb. This year Diane has also paid moving expenses of $9,000 and $28,700 of alimony to her ex-spouse, Jack, who she divorced in 2013. Note: Round your intermediate calculations and final answer to the nearest whole dollar amount. a. What is Diane's adjusted gross income?

Individual Income Taxes
43rd Edition
ISBN:9780357109731
Author:Hoffman
Publisher:Hoffman
Chapter4: Gross Income: Concepts And Inclusions
Section: Chapter Questions
Problem 2CPA: Fred and Wilma were divorced in year 1 (before 2019). Fred is required to pay Wilma 12,000 of...
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This year Diane intends to file a married - joint return.
Diane received $188,300 of salary and paid $8,150 of
interest on loans used to pay qualified tuition costs for
her dependent daughter, Deb. This year Diane has also
paid moving expenses of $9,000 and $28,700 of
alimony to her ex-spouse, Jack, who she divorced in
2013. Note: Round your intermediate calculations and
final answer to the nearest whole dollar amount. a.
What is Diane's adjusted gross income?
Transcribed Image Text:This year Diane intends to file a married - joint return. Diane received $188,300 of salary and paid $8,150 of interest on loans used to pay qualified tuition costs for her dependent daughter, Deb. This year Diane has also paid moving expenses of $9,000 and $28,700 of alimony to her ex-spouse, Jack, who she divorced in 2013. Note: Round your intermediate calculations and final answer to the nearest whole dollar amount. a. What is Diane's adjusted gross income?
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