In each independent item below, assume that a single taxpayer earned $30,000 in W-2 income. Show the

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In each independent item below, assume that a single taxpayer earned $30,000 in W-2 income. Show the appropriate amount that should appear under each heading. More than one option may be selected
Amount Include Exclude Deduction Deduction Appears Item Appears Appears from AGI in form for AGI on on on Schedule Sched
Cash donation $3,000 to charity Student loan $1,200 interest Alimony $12,000 Loss on the $900 sale of stock purchased 5
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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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