Camille Sikorski was divorced last year. She currently owns and provides a home for her 15-year-old daughter, Kaly, and 18-year-old son, Parker. Both children lived in Camilles home for the entire year, and Camille paid for all the costs of maintaining the home. She received a salary of $65,000 and contributed $4,600 of it to a qualified retirement account (a for AGI deduction). She also received $8,000 of alimony from her former husband. Finally, Camille paid $3,100 of expenditures that qualified as itemized deductions.

Comprehensive Problem 4-55 Part-a

a. What is Camilles taxable income?

Gross Income

for AGI deduction

adjusted gross income

itemized deduction

personal and dependency deduction

total deduction from AGI

Taxable income