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1. A) Camille Sikorski was divorced last year. She currently owns and provides a home for her 15-year-old daughter, Kaly, and 18-year-old son, Parker. Both

1. A) Camille Sikorski was divorced last year. She currently owns and provides a home for her 15-year-old daughter, Kaly, and 18-year-old son, Parker. Both children lived in Camilles home for the entire year, and Camille paid for all the costs of maintaining the home. She received a salary of $70,000 and contributed $4,800 of it to a qualified retirement account (a for AGI deduction). She also received $9,000 of alimony from her former husband. Finally, Camille paid $3,300 of expenditures that qualified as itemized deductions.

Needed: Please show all work

Gross Income=

For AGI=

Adjusted Gross Income=

Standardized Deductions=

Itemized Deductions=

Personal and Dependency Expemtions=

Total Deductions From AGI=

Taxable Income=

B) What would Camilles taxable income be if she incurred $10,700 of itemized deductions instead of $3,300?

Gross Income=

For AGI=

Adjusted Gross Income=

Standardized Deductions=

Itemized Deductions=

Personal and Dependency Expemtions=

Total Deductions From AGI=

Taxable Income=

C) Assume the original facts except that Camilles daughter, Kaly, is 25 years old and a full-time student. Kalys gross income for the year was $5,900. Kaly provided $3,540 of her own support, and Camille provided $5,900 of support. What is Camilles taxable income?

Gross Income=

For AGI=

Adjusted Gross Income=

Standardized Deductions=

Itemized Deductions=

Personal and Dependency Expemtions=

Total Deductions From AGI=

Taxable Income=

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