Camille Sikorski was divorced last year. She currently providesa home for her 15-year-old daughter Kaly. Kaly lived in Camilleâshome for the entire year, and Camille paid for all the costs ofmaintaining the home. She received a salary of $82,500 andcontributed $5,300 of it to a qualified retirement account (a forAGI deduction). She also received $11,500 of alimony from herformer husband. Finally, Camille paid $16,400 of expenditures thatqualified as itemized deductions.
What is Camilleâs taxable income?
What would Camilleâs taxable income be if she incurred $11,450of itemized deductions instead of $16,400?
Assume the original facts but now suppose Camilleâs daughter,Kaly, is 25 years old and a full-time student. Kalyâs gross incomefor the year was $6,400. Kaly provided $3,840 of her own support,and Camille provided $6,400 of support. What is Camilleâs taxableincome?
Camille Sikorski was divorced last year. She currently providesa home for her 15-year-old daughter Kaly. Kaly lived in Camilleâshome for the entire year, and Camille paid for all the costs ofmaintaining the home. She received a salary of $82,500 andcontributed $5,300 of it to a qualified retirement account (a forAGI deduction). She also received $11,500 of alimony from herformer husband. Finally, Camille paid $16,400 of expenditures thatqualified as itemized deductions.
What is Camilleâs taxable income?
What would Camilleâs taxable income be if she incurred $11,450of itemized deductions instead of $16,400?
Assume the original facts but now suppose Camilleâs daughter,Kaly, is 25 years old and a full-time student. Kalyâs gross incomefor the year was $6,400. Kaly provided $3,840 of her own support,and Camille provided $6,400 of support. What is Camilleâs taxableincome?
