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a Jeremy and Alyssa Johnson have been married for five years and do not have any children. Jeremy was married previously and has one child

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a Jeremy and Alyssa Johnson have been married for five years and do not have any children. Jeremy was married previously and has one child from the prior marriage. He is self employed and operates his own computer repair store. For the first two months of the year, Alyssa worked for Office Depot as an employee. In March. Alyssa accepted a new job with Super Toys Inc. (ST). where she worked for the remainder of the year This year the Johnsons receved $255.000 of gross income. Determine the Johnsons AGI given the following information a Expenses associated with Jeremys store include $40,000 in salary (and employment taxes) to employees, $45,000 of supplies and $18,000 in rent and other administrative expenses b. Alyssa contributed $5,000 to a regular IRA She did not participate in an employer-provided retirement plan Jeremy currently is not saving for his retirement As a salesperson, Alyssa incurred $2,000 in travel expenses related to her employment that were not reimbursed by her employer c The Johnsons own a plece of taw land held as an investment They paid $500 of real property taxes on the property and they incurred $200 of expenses in travel costs to see the property and to evaluate other similar potential investment properties d. The Johnsons own a rental home. They incurred $8,500 of expenses associted with the property e Jeremy paid $4,500 for health insurance coverage for himself (not through an exchange) Alyssa was covered by health plans provided by her employer, but Jeremy is not eligible for the plan untd next year t Jeremy paid s2.500 in self employment taxes ($1,250 represents the employer portion of t 9 Jeremy paid $5,000 in alimony and $3000 m chil d support trom his pior marriage (divorced in 2010) Round intermediate calculetions to the neerest whole doller omo

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