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Fareh is not married and supports her 12 year old child who lives with her. Fareh works as an employee with gross salaries and wages

Fareh is not married and supports her 12 year old child who lives with her. Fareh works as an employee with gross salaries and wages of $122,000. Farehs only other income was interest of $7,300, qualifying dividends of $3,150, and other information follows:

Contribution to solo(k) retirement plan, withheld from the salary $ 4,500

Loss on sale of Alphatech stock held 2 years -3,700

Mortgage interest on primary residence 4,950

State and local property tax on residence 3,350

Property tax included in personal auto registration 160

State sales taxes paid 370

State income taxes paid 1,800

Charitable contributions of cash 1,750

Political contributions 550

All information is for 2020. Calculate Farehs adjusted gross income, taxable income, and gross tax. Show your work!

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