Misti purchased a residence this year. Misti, age 32, is a single parent and lives with her 1-year-old daughter. In 2020, Misti received a salary of $160,000 and made the following payments:
Misti files as a head of household. Calculate her taxable income this year.

Question

Misti purchased a residence this year. Misti, age 32, is a single parent and lives with her 1-year-old daughter. In 2020, Misti received a salary of $160,000 and made the following payments:
  Misti files as a head of household. Calculate her taxable income this year.

Quizplus · Accepted Answer

The Answer of Misti purchased a residence this year. Misti, age 32, is a single parent and lives with her 1-year-old daughter. In 2020, Misti received a salary of $160,000 and made the following payments:
  Misti files as a head of household. Calculate her taxable income this year.

Misti Purchased a Residence This Year