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Joy is single and has the following income and deductions in 2017. Calculate her adjusted gross income and her taxable income. a) Salary $200,000 b)

Joy is single and has the following income and deductions in 2017. Calculate her adjusted gross income and her taxable income.

a) Salary $200,000

b) Active business loss $30,000

c) Interest income $1,500

d) Alimony paid to ex-husband $15,000

e) Child support paid $5,000

f) Medical expenses $22,000

g) Mortgage interest $15,000

h) Property taxes $4,500

i) Charitable contributions $20,000

j) Tax preparation fee (not related to her business) $850

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