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Amy, who files as a single taxpayer, had W-2 wage income of $90,000 and no other income for 2022. She incurred the following expenses during
Amy, who files as a single taxpayer, had W-2 wage income of $90,000 and no other income for 2022. She incurred the following expenses during the year:
State and local income taxes | 2,800 |
State sales tax | 1,200 |
Real estate taxes | 2,000 |
Home mortgage interest | 5,000 |
Car loan interest | 600 |
Personal property (car) tax | 400 |
Charitable contributions | 1,000 |
Medical expenses (before 7.5% floor) | 3,600 |
The standard deduction for single filers in 2022 is $12,950.
Calculate Amy's taxable income.
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