Question
Judys client, Nurse Alexis Connor, is 35 years old with a single filing status. Review the numbers below related to the 2022 tax year. W-2
Judys client, Nurse Alexis Connor, is 35 years old with a single filing status. Review the numbers below related to the 2022 tax year.
W-2 wage of $85,000
Federal withholding of $10,000
Interest from government bond of $1,100
Cash dividends from Apple of $2,000
Charitable contributions of $3,000
State income taxes of $4,000
Medical expenses of $4,500
What is Nurse Alexis Connors 2022 federal taxable income?
What is the best response for Nurse Connor's tax deduction?
How is Nurse Connor's federal withholding treated?
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Financial Accounting For Decision Makers
Authors: Peter Atrill, Eddie McLaney
7th Edition
027378563X, 9780273785637
