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

Question 51

Multiple Choice

Julie, an unmarried individual, lives in a home with her 13-year-old dependent son, Oscar. This year, Julie had the following tax information. Julie, an unmarried individual, lives in a home with her 13-year-old dependent son, Oscar. This year, Julie had the following tax information. Compute Julie's adjusted gross income (AGI) and taxable income. A) AGI $118,000; taxable income $104,450 B) AGI $118,000; taxable income $94,800 C) AGI $118,000; taxable income $101,700 D) AGI $107,000; taxable income $90,700 Compute Julie's adjusted gross income (AGI) and taxable income.


A) AGI $118,000; taxable income $104,450
B) AGI $118,000; taxable income $94,800
C) AGI $118,000; taxable income $101,700
D) AGI $107,000; taxable income $90,700

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