Question
CAN SOMEONE PLEASE HELP ME PLEASE AND CAN YOU TYPE IT OUT THANK YOU. Camille sikorski was divorced last year. she currently provides a home
CAN SOMEONE PLEASE HELP ME PLEASE AND CAN YOU TYPE IT OUT THANK YOU.
Camille sikorski was divorced last year. she currently provides a home for her 15 year old daughter kaly. kaly lived in camille's home for the entire year, and camille paid for all the costs of maintaining the home. she received a salary of $70,000 and contributed $4,800 of it to a qualified retirement account (a for AGI deduction). she also received $9,000 of alimony from her former husband. finally, camille paid $15,900 of expenditures that qualified as itemized deductions. assume the original facts but now suppose camille's daughter, kaly, is 25 years old and a full time student. kaly gross income for the year was $5,900. kaly provided $3,540 of her own support, and camille provided $5,900 of support. what is camille's taxable income? (1) gross income (2) for AGI deductions (3) adjusted gross income (4 ) standard deduction (5) itemized deductions (6) taxable income
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