Julie, an unmarried individual, lives in a home with her 13-year-old dependent son, Oscar. This year, Julie had the following tax information. $$\begin{array} { l r }
\text { Salary } & \$ 95,000 \
\text { Irterest ard dividend incorne } & 12,800 \
\text { Capital gain from sale of irvestrnents } & 11,000 \
\text { Above-the-line deductions } & 800 \
\text { Iteruized deductions } & 6,900
\end{array}$$ Compute Julie's adjusted gross income (AGI) and taxable income.

Question

Julie, an unmarried individual, lives in a home with her 13-year-old dependent son, Oscar. This year, Julie had the following tax information. $$\begin{array} { l r } 
\text { Salary } & \$ 95,000 \
\text { Irterest ard dividend incorne } & 12,800 \
\text { Capital gain from sale of irvestrnents } & 11,000 \
\text { Above-the-line deductions } & 800 \
\text { Iteruized deductions } & 6,900
\end{array}$$ Compute Julie's adjusted gross income (AGI) and taxable income.

Quizplus · Accepted Answer

The Answer of Julie, an unmarried individual, lives in a home with her 13-year-old dependent son, Oscar. This year, Julie had the following tax information. $$\begin{array} { l r } 
\text { Salary } & \$ 95,000 \
\text { Irterest ard dividend incorne } & 12,800 \
\text { Capital gain from sale of irvestrnents } & 11,000 \
\text { Above-the-line deductions } & 800 \
\text { Iteruized deductions } & 6,900
\end{array}$$ Compute Julie's adjusted gross income (AGI) and taxable income.

Julie, an Unmarried Individual, Lives in a Home with Her