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a lan, 37, and Isabella, 36, are married and file a joint tax return. They have one child, Ingrid (Isabella's daughter from a prior marriage

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a lan, 37, and Isabella, 36, are married and file a joint tax return. They have one child, Ingrid (Isabella's daughter from a prior marriage and is claimed as a dependent (QC) on lan & Isabella's joint return) In 2020, Isabella and lan had the following items: Salary (Isabella): $83,000 Salary (lan): $13,000 Scholarship: $6,500 ($2,500 used to pay lan's tuition at an eligible educational institution, $1,000 used to buy required textbooks, and $3,000 used to pay room and board) California Paid Family Leave (PFL): $2,000 Inheritance from Isabella's father: $100,000 Child support payments received from Isabella's ex-husband: $6,000 What is lan and Isabella's (federal) gross income for 2020? Exclude the maximum amount of scholarship income possible. 101.000 Same facts as previous question. lan and Isabella paid the following expenses in 2020: Federal income taxes withheld on wages: $9,000 State & local income taxes: $8,000 Property taxes on principal residence: $5,000 Sales tax: $1,000 Interest on credit card used for personal travel: $4,500 Interest on $350,000 mortgage used to purchase principal residence: $2,000 Interest on $20,000 home-equity loan used to improve their principal residence: $1,000 Deductible student loan interest: $2,000 Deductible medical expenses (this is the amount after the % of AGI floor has been applied): $1,000 Unreimbursed employee expenses (job supplies): $750 lan and Isabella's home is worth $550,000. They have proper records to substantiate all expenses. What is lan and Isabella's AGI? 15,000 Same facts as previous question. What amount of the taxes paid in 2020 can Isabella and lan deduct as an itemized deduction on their 2020 federal income tax return? Only consider taxes, not any other expenses, in answering this question. Enter your answer as a positive number. Same facts as previous question. What is the amount of lan and Isabella's total itemized deductions in 2020 (including deductible taxes from previous question and all other itemized deductions)? Enter your answer as a positive number. Same facts as previous question. What is lan and Isabella's 2020 taxable income? They have no QBI deduction

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