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(20 points) Sylvia files as a head of household and is 58 years old during 2018. She provides all the support for her elderly father

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(20 points) Sylvia files as a head of household and is 58 years old during 2018. She provides all the support for her elderly father who lives in a nearby nursing home and her father qualifies as her dependent in 2018. Sylvia has the following tax information for 2018: 1. . $190,000 8,000 -Salary income - Interest incom.. - Short-term capital gin. - Medical expenses paid for herself and her father.9, - State and local sales taxes paid . -Property tax paid on residence. - Mortgage interest expense on residence -Interest paid on home equity loan taken out in 2018 to buy a ne ca r...3,500 19,375 5,000 . 10,000 ...2,500 6,400 -Unreimbursed employee expenses., -Personal tax return preparation expense. - Casualty loss after $100 floor due to uninsured theft of her car ...24,000 600 Compute Sylvia's 2018 taxable income and the amount of tax she still owes or that is due to her after any allowable tax credits and prepayments of $35,000

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