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Required information The following information applies to the questions displayed below.] Lionel is an unmarried law student at State University Law School, a qualified educational

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Required information The following information applies to the questions displayed below.] Lionel is an unmarried law student at State University Law School, a qualified educational institution. This year Lionel borrowed $26,000 from County Bank and paid interest of $1.560. Lionel used the loan proceeds to pay his law school tuition. Calculate the amounts Lionel can deduct for interest on higher education loans under the following circumstances: (Leave no answer blank. Enter zero if applicable.) c. Lionel's AGI before deducting interest on higher education loans is $90,000. Deductible interest expenso Required information (The following information applies to the questions displayed below.) This year Jack intends to file a married-joint return. Jack received $180,600 of salary, and paid $9,250 of interest on loans used to pay qualified tuition costs for his dependent daughter, Deb. This year Jack has also paid moving expenses of $5,050 and $33,000 of alimony to his ex-wife, Diane, who divorced him in 2012. (Round your intermediate calculations and final answer to the nearest whole dollar amount.) a. What is Jack's adjusted gross income? Jack's AGI Required information The following information applies to the questions displayed below.] This year Jack intends to file a married-joint return. Jack received $180,600 of salary, and paid $9.250 of interest on loans used to pay qualified tuition costs for his dependent daughter, Deb. This year Jack has also paid moving expenses of $5,050 and $33,000 of alimony to his ex-wife, Diane, who divorced him in 2012. (Round your intermediate calculations and final answer to the nearest whole dollar amount.) b. Suppose that Jack also reported income of $5,600 from a half share of profits from a partnership. Disregard any potential self- employment taxes on this income. What AGI would Jack report under these circumstances? Jack's AGI

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