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:
Horne mortgage interest $\$ 2,335$
Real estate taxes 1,525
State incorne taxes paid 1,340
Irlcorne tax preparation Fee 250
Charitable contributions (cash to their church) 120 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:
 Horne mortgage interest                                        $\$ 2,335$
Real estate taxes                                                        1,525
State incorne taxes paid                                              1,340
Irlcorne tax preparation Fee                                        250
Charitable contributions (cash to their church)            120 Misti files as a head of household and claims two exemptions.Calculate her taxable income this year.

Quizplus · Accepted Answer

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:
 Horne mortgage interest                                        $\$ 2,335$
Real estate taxes                                                        1,525
State incorne taxes paid                                              1,340
Irlcorne tax preparation Fee                                        250
Charitable contributions (cash to their church)            120 Misti files as a head of household and claims two exemptions.Calculate her taxable income this year.

Misti Purchased a Residence This Year $2,335\$ 2,335$2,335 Real Estate Taxes &Nbsp; &Nbsp; &Nbsp; &Nbsp; &Nbsp; &Nbsp; &Nbsp;

Misti Purchased a Residence This Year $\$ 2,335$ Real Estate Taxes &Nbsp; &Nbsp; &Nbsp; &Nbsp; &Nbsp; &Nbsp; &Nbsp;