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help fastt Comprehensive Problem 4-57 (LO 4-1, LO 4-2, LO 4-3) (Static) {The following information applies to the questions displayed below) Camille Sikorski was divorced
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Comprehensive Problem 4-57 (LO 4-1, LO 4-2, LO 4-3) (Static) {The following information applies to the questions displayed below) Camille Sikorski was divorced in 2018. She currently provides a home for her 15-year-old daughter Kaly Koly lived in Camille's home for the entire year, and Camille paid for all the costs of maintaining the home. Camille received a solary of $105,000 and contributed $6,000 of it to a qualified retirement account (a for AGI deduction). She also received $10,000 of alimony from her former husband (per divorce decree issued in 2018). Finally, Camille paid $15,000 of expenditures that qualified as itemized deductions, including a $1,000 donation to United Way (a public charity). (Use the tax rote schedules and 2021 rules.) Comprehensive Problem 4-57 Part-c (Static) C. Assume the orginal facts but now suppose Camille's daughter, Kaly, is 25 years old and a full-time student. Kaly's gross income for the year was $5,000. Kaly provided $3,000 of her own support, and Camille provided $5,000 of support. What is Comille's taxable income? Description Amount (1) Gross income (2) For AGI deductions (3) Adjusted gross income (4) Standard deduction (5) ltemized deductions Taxable income Step by Step Solution
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