Hardaway is an employee, and his employer paid Hardaways $4,950 of health insurance for him as a nontaxable fringe benefit. Consequently, Hardaway received $80,050 of taxable compensation and $4,950 of nontaxable compensation.

Required information (The following information applies to the questions displayed below.] Hardaway earned $85,000 of compensation this year. He also paid (or had paid for him) $4,950 of health insurance (not through an exchange). What is Hardaway's AGI in each of the following situations? (Ignore the effects of Social Security and self-employment taxes.) a. Hardaway is an employee, and his employer paid Hardaway's $4,950 of health insurance for him as a nontaxable fringe benefit. Consequently, Hardaway received $80,050 of taxable compensation and $4,950 of nontaxable compensation. Hardaway's AGI