Question
Required information Skip to question [The following information applies to the questions displayed below.] This year Diane intends to file a married-joint return. Diane received
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[The following information applies to the questions displayed below.]
This year Diane intends to file a married-joint return. Diane received $180,300 of salary and paid $9,900 of interest on loans used to pay qualified tuition costs for her dependent daughter, Deb. This year Diane has also paid moving expenses of $4,900 and $29,700 of alimony to her ex-spouse, Jack, who she divorced in 2012.
Note: Round your intermediate calculations and final answer to the nearest whole dollar amount.
b. Suppose that Diane also reported income of $13,050 from a half share of profits from a partnership. Disregard any potential self-employment taxes on this income. What AGI would Diane report under these circumstances?
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