Meghan died 2016 and is survived by her husband, Matt (age 55), her married son, James (age 19), her daughter in law, Leslie (age 23), and her father in law Will (age 82). Matt is the executor of his wife's estate. He also maintains the household where James and Leslie live and furnishes more than 50% of their support. Leslie is a full time student, while James earns $9,000 giving music lessons. James and Leslie do not file a joint return. Matt also furnishes all of the support of his father, Will, who lives in an assisted living facility. During 2018 Matt earns $170,000 working for a finance firm. He receives $300 in interest from a savings account, $8,000 in qualified dividends , $2,000 of interest from the City of Chicago Bonds and inherited $10,000 from an aunt who died in 2018. Matt contributed $6,500 to a traditional IRA. He also has $9,000 in itemized deductions. What is Matt's taxable income for 2018? (Show all calculations and work)