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Fint Exum 1. Label osch Item as Gross Income, (GI), Not Included, (NI) or Deductions for Adjusted Gross Income, (DAGI), and calculate adjusted gross Income

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Fint Exum 1. Label osch Item as Gross Income, (GI), Not Included, (NI) or Deductions for Adjusted Gross Income, (DAGI), and calculate adjusted gross Income for Noelle Nelson. (50 Polnts) a. A gift from her mother Nia, $30,000 b. Noelle has a sole proprietorship, candy shop. The net Income is $120,000 c. Salary $100,000. d. Bonus $40,000 e. Capital loss $20,000 f. Contribution to individual retirement account, $1,000 g. Child support received, $30,000 h. Alimony received $50,000. The divorce was signed on January 15, 2018. i Noele won $20,000 in a national bowling tournament. 1. Noelle received $20,000 from a legal settlement for a dog bite on her leg. k. Student loan interest paid $1,000. 1 Noelle's sister, Natasha, gave her $40,000, in repayment of a $35,000 loan from 2017. m. Workman's compensation $30,000 n. Unemployment compensation $40,000 0. Interest from a City of Nashville Bond. $7,000 p. Treasury bill interest $10.000 Q. Interest from CitiGroup Account $5,000 1. Penalty for early withdrawal from timed savings account $1,000 S. Noelle found a bracelet worth $3.000 on the beach. 1. Self Employment tax paid $4.000 U. S Corporation loss $50.000 V. Contribution to health savings account for $1,500. w. Noelle won $1,000, in a Soccer Pool. X. Noelle inherited $300,000 from her great Uncle Norbert. y. Educator expenses $1.000 2. Rental income $20,000. aa. Dividends. $40,000 bb. Partnership loss $30.000

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