Question
18. (LO5) If federal AGI is $36,200 and a California resident taxpayer had interest income from Sacramento City bonds of $360, what is the amount
18. (LO5) If federal AGI is $36,200 and a California resident taxpayer had interest income from Sacramento City bonds of $360, what is the amount of California AGI?
19. (LO5) If a taxpayer had $5,600 in unemployment compensation during 2022 and federal AGI of $24,160, what is the taxpayers California AGI?
20. (LO5) A CA resident taxpayers federal AGI is $84,500. The federal AGI includes a taxable California income tax refund of $2,100. The taxpayer also has City of Denver interest income of $400 and deducted Federal bonus depreciation of $670. How much is the taxpayers California AGI?
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
978-0-538-4527, 0-538-45274-9, 978-1133161646
