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Jessica, who is single with one familial dependent, has the following for the calendar year 2019: RECEIPTS FOR YEAR Salary as Business Consultant (part-time) $

Jessica, who is single with one familial dependent, has the following for the calendar year 2019:

RECEIPTS FOR YEAR

Salary as Business Consultant (part-time) $ 24,200

Interest from Friendly Bank 4,236

Interest from City of Chula Vista bonds 2,000

Social Security benefits 15,000

EXPENDITURES FOR YEAR

Contribution to IRA 920

Itemized deductions 17,400

Jessica claims one $500 dependency credit.

How much are Jessicas adjusted gross income, taxable income and gross tax? Show your work!

AGI = $______________ Taxable Income = $______________ Gross tax $______________

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