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I NEED HELP QUICK Mitch, who is single (age 28) and has no dependents, had activity for 2021 as follows: Salary $85,000 Dividends 5,000 Capital
I NEED HELP QUICK
Mitch, who is single (age 28) and has no dependents, had activity for 2021 as follows: Salary \$85,000 Dividends 5,000 Capital Gains 10,000 Capital Losses (15,000) Lottery Winnings 10,000 Mitch's expenditures for 2021 are as follows: Alimony (pre-2016 divorce) $20,000 Medical 8,000 Property Tax on Personal Residence 12,000 State Income taxes 3,800 Credit Card Payments (includes interest expense of $2,000 ) 8,500 What is Mitch's Adjusted Gross Income for 2021? 90,00085,00077,00065,000Step by Step Solution
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