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Lizzy is 34 year old, single mom with two kids in tax year 2020 and lives in San Diego. Owen 4 years old lives with

Lizzy is 34 year old, single mom with two kids in tax year 2020 and lives in San Diego.

Owen 4 years old lives with Lizzy all year

Katelyn 5 years old lives with Lizzy 9 months of the year and 3 months with her dad.

Lizzy has W-2 Salary income of $95,000 from the Navy

Moving expense reimbursement from the Military of $15,000.

Student Loan interest of $2,000.

IRA contribution of $6,000 for retirement savings.

State Taxes of $9,000

Sales taxes of $1,800

Charitable donations to her church of $3,900

She rents a home at the beach.

What is her taxable income?

70,350

68,350

83,350

80,100

74,100

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