AGI=$______________

Taxable Income = $_____________

Gross Income = $_________

Victoria, age 64, is an unmarried, cash basis, calendar year taxpayer with no dependents. Victoria has the following income and deductions for 2019: RECEIPTS FOR YEAR Salary from local school district $ 69,000 Interest from Friendly Bank 1,635 Interest from City of Santee bonds 1,300 Dividends from Tandem Diabetic (qualified) 375 Gain from sale of Tandem Diabetic held 36 months 3,200 EXPENDITURES FOR YEAR Itemized deductions $ 13,200 Calculate Victoria's adjusted gross income, taxable income, and federal income tax. Show your work. AGI = $ Taxable Income = $ Gross income tax = $