Misti purchased a residence this year. Misti is a single parent and lives with her 1-year old daughter. This year, Misti received a salary of $63,000 and made the following payments: Misti files as a head of household and claims two exemptions. Calculate her taxable income this year.

Question

Misti purchased a residence this year. Misti is a single parent and lives with her 1-year old daughter. This year, Misti received a salary of $63,000 and made the following payments:  Misti files as a head of household and claims two exemptions. Calculate her taxable income this year.

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The Answer of Misti purchased a residence this year. Misti is a single parent and lives with her 1-year old daughter. This year, Misti received a salary of $63,000 and made the following payments:  Misti files as a head of household and claims two exemptions. Calculate her taxable income this year.

Misti Purchased a Residence This Year