Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Augusta 46 is unmarried filing head of household, with the following income of the year wages 34,295; Bank interest 113; Municipal Bond interest $315.00 Lottery

Augusta 46 is unmarried filing head of household, with the following income of the year wages 34,295; Bank interest 113; Municipal Bond interest $315.00 Lottery prize 900.00 gift form her father 3,000 she also contributed 1500.00 to her traditional IRA which she will deduct augusta AGI is

a.32,795

b. 32,908

c. 33,808

d. 34,123

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions