Juanita,single and age 43,had the following items for 2015: Salary $60,000 Interest income 6,000 Casualty loss on business property (15,000) Casualty loss on rental property (5,000) Loss on theft of securities (8,000) Personal casualty gains 9,000 Personal casualty loss (after $100 floor) (13,000) Other itemized deductions (9,000) Compute Juanita's taxable income for 2015.

Question

Juanita,single and age 43,had the following items for 2015: Salary $60,000 Interest income 6,000 Casualty loss on business property (15,000) Casualty loss on rental property (5,000) Loss on theft of securities (8,000) Personal casualty gains 9,000 Personal casualty loss (after $100 floor) (13,000) Other itemized deductions (9,000) ​ Compute Juanita's taxable income for 2015.

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The Answer of Juanita,single and age 43,had the following items for 2015: Salary $60,000 Interest income 6,000 Casualty loss on business property (15,000) Casualty loss on rental property (5,000) Loss on theft of securities (8,000) Personal casualty gains 9,000 Personal casualty loss (after $100 floor) (13,000) Other itemized deductions (9,000) ​ Compute Juanita's taxable income for 2015.

Juanita,single and Age 43,had the Following Items for 2015: Salary