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Julie, an unmarried individual, lives in a home with her 13-year-old dependent son, Oscar. In 2017, Julie had the following tax information. $ 95,000 Salary
Julie, an unmarried individual, lives in a home with her 13-year-old dependent son, Oscar. In 2017, Julie had the following tax information. $ 95,000 Salary Interest and dividend income Capital gain from sale of investments Above-the-line deductions 12,800 11,000 800 Itemized deductions 6,900 Compute Julie's adjusted gross income (AGI) and taxable income. O AGI $106,000; taxable income $89,600. AGI $118,000; taxable income $103,000. AGI $118,000; taxable income $100,550 O AGI $118,000; taxable income $93,700
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