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Comprehensive Problem 6 - 6 1 ( LO 6 - 1 , LO 6 - 2 , LO 6 - 3 ) ( Algo )
Comprehensive Problem LO LO LO Algo Comprehensive Problem LO LO LO Algo
This year Evan graduated from college and took a job as a deliveryman in the city. Evan was paid a salary of $ and he
received $ in hourly pay for parttime work over the weekends. Evan summarized his expenses as follows:
Cost of moving his possessions to the city miles away
Interest paid on accumulated student loans
Cost of purchasing a delivery uniform
Contribution to State University deliveryman program
Calculate Evan's AGI and taxable income if he files single. Assume that interest payments were initially required on Evan's student
loans this year.
Answer is complete but not entirely correct.
This year Evan graduated from college and took a job as a deliveryman in the city. Evan was paid a salary of $ and he received $ in hourly pay for parttime work over the weekends. Evan summarized his expenses as follows:
Cost of moving his possessions to the city miles away $
Interest paid on accumulated student loans
Cost of purchasing a delivery uniform
Contribution to State University deliveryman program
Calculate Evan's AGI and taxable income if he files single. Assume that interest payments were initially required on Evan's student loans this year.
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