SWFT Comprehensive Vol 2020
43rd Edition
ISBN: 9780357391723
Author: Maloney
Publisher: Cengage
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General accounting

Transcribed Image Text:Janice is single, had a gross income of
$38,000, and incurred the
expenses:
Charitable contribution
Taxes and interest on home
following
$2,500
9,000
Legal fees incurred in a tax dispute 1,000
Medical expenses incl. a contribution
to her HSA of $2,500
Student Loan Interest
Her AGI is:
a. $21,300
b. $28,800
c. $35,300
d. $37,800
4,000
200
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