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Need HALP ASAP. DUE BY THE END OF THE DAY Do Both parts Calculate 2018 Adjusted Gross Income for Thomas Trent based on the following
Need HALP ASAP. DUE BY THE END OF THE DAY Do Both parts Calculate 2018 Adjusted Gross Income for Thomas Trent based on the following Information: Label each Item as follows: Net Includible NI: Gross INcome GI; Deduction for adjusted gross income DAGL Salary $200,000 Treasury bond Interest $10,000 Sole proprietorship income $20,000 Sister Thea repaid loan $50,000 Contributed $1,000 to qualified Health Savings Account Inherited $100,000 from Uncle Trevor Found ring worth $10,000 on beach Alimony paid $40,000 Divorce decree signed March 15, 2018 Penalty paid for early withdrawal from timed savings account $500 Partnership loss $10,000 Legal Settlement $20,000 for injury to leg in roller coaster accident Beneficiary of Great grandmother's life insurance policy $200,000 Contributed $2,000 to qualified retirement plan. NYC Municipal bond interest $50,000 Paid child support of S30,000 Self employment tax paid S10,000 Unemployment compensation $10,000 Dividends received $10,00
Need HALP ASAP. DUE BY THE END OF THE DAY
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