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Lara, 3 6 , is single with no dependents and works as a high school librarian. In 2 0 2 3 , Lara incurred the
Lara, is single with no dependents and works as a high school librarian. In Lara incurred the following expenses:Medical expenses: $before the AGI floor Educator expenses: $ Student loan interest: $ Property taxes on personal residence: $ State income taxes: $ Salesuse taxes: $ Interest paid on mortgage on principal residence: $ Cash charitable contributions: $ Assume Lara's AGI is $ Lara's mortgage principal is $Calculate Laras total itemized deductions for
In Sofia, who is years old and dependent on her guardians, earned $ through a parttime job and received $ in interest income from investments. Sofia's guardians fall into the marginal tax bracket. Sofia did not have any deductible expenses during the year.
Calculate Sofias federal income tax liability before any applicable tax credits for the year
Nina, is single and has a dependent son, Lucas. Nina separated from her partner in She works in a management position but had to take a short leave at the end of due to a minor injury covered by workers' compensation. In Nina received the following:
Salary: $
Alimony: $
Child support: $
Corporate bond interest: $
Municipal bond interest: $
Birthday gift from Nina's mother: $
Workers' compensation benefits: $
Calculate Nina's gross income for
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