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Anne Teak is unmarried, and is over age 65. She does not have any dependents, and she is not blind. She presents the following information

Anne Teak is unmarried, and is over age 65. She does not have any dependents, and she is not blind. She presents the following information for 2022: Rental income, net: $14,332 Alimony received from a 2018 divorce: $18,000 Gift received from a close friend (FMV): $2,500 Interest received: $451 Social security received: $28,646 One-half of self-employment taxes paid: $4,743 Additionally, Anne Teak operates Mono's Knick Knack Store as a sole proprietorship. During the year, the business reports the following informationimage text in transcribedimage text in transcribed

Anne Teak is unmarried, and is over age 65. She does not have any dependents, and she is not blind. She presents the following information for 2022 : - Rental income, net: $14,332 - Alimony received from a 2018 divorce: $18,000 - Gift received from a close friend (FMV): $2,500 - Interest received: $451 - Social security received: $28,646 - One-half of self-employment taxes paid: $4,743 Additionally, Anne Teak operates Mono's Knick Knack Store as a sole proprietorship. During the year, the business reports the following information: 1. What is Anne Teak's MAGl for 2022 ? 2. How much of Anne Teak's social security will be included as part of her income for 2022 ? 3. What is Anne Teak's adjusted gross income for 2022 ? SPECIFIC INSTRUCTIONS: You must show all of your work for each part of this question. If you do not show your work, you will not receive any points for that part of the question, even if you have the correct answer. WARNING: we will be closely examining your work to check for similarities with other students' work, so don't even think about trying to commit academic dishonesty. Anne Teak is unmarried, and is over age 65. She does not have any dependents, and she is not blind. She presents the following information for 2022 : - Rental income, net: $14,332 - Alimony received from a 2018 divorce: $18,000 - Gift received from a close friend (FMV): $2,500 - Interest received: $451 - Social security received: $28,646 - One-half of self-employment taxes paid: $4,743 Additionally, Anne Teak operates Mono's Knick Knack Store as a sole proprietorship. During the year, the business reports the following information: 1. What is Anne Teak's MAGl for 2022 ? 2. How much of Anne Teak's social security will be included as part of her income for 2022 ? 3. What is Anne Teak's adjusted gross income for 2022 ? SPECIFIC INSTRUCTIONS: You must show all of your work for each part of this question. If you do not show your work, you will not receive any points for that part of the question, even if you have the correct answer. WARNING: we will be closely examining your work to check for similarities with other students' work, so don't even think about trying to commit academic dishonesty

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