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Julie, an unmarried individual, lives in a home with her 13-year-old dependent son, Oscar. In 2022, Julie had the following tax information. Salary$95,000Interest and dividend
Julie, an unmarried individual, lives in a home with her 13-year-old dependent son, Oscar. In 2022, Julie had the following tax information.
Salary$95,000Interest and dividend income 12,800Capital gain from sale of investments 11,000Above-the-line deductions 800Itemized deductions 6,900 Compute Julie's adjusted gross income (AGI) and taxable income.Group of answer choices
AGI $106,000; taxable income $98,600.
AGI $118,000; taxable income $105,050
AGI $118,000; taxable income $98,600
AGI $118,000; taxable income $82,100.
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