Question
Required information [The following information applies to the questions displayed below.] Camille Sikorski was divorced in 2017. She currently provides a home for her 15-year-old
Required information
[The following information applies to the questions displayed below.] Camille Sikorski was divorced in 2017. She currently provides a home for her 15-year-old daughter Kaly. Kaly lived in Camilles home for the entire year, and Camille paid for all the costs of maintaining the home. She received a salary of $105,000 and contributed $6,000 of it to a qualified retirement account (a for AGI deduction). She also received $10,000 of alimony from her former husband (per divorce decree issued in 2017). Finally, Camille paid $15,000 of expenditures that qualified as itemized deductions.
b. What would Camilles taxable income be if she incurred $24,000 of itemized deductions instead of $15,000?
DescriptionAmount
(1)Gross income
(2)For AGI deductions
(3)Adjusted gross income
0(4)Standard deduction
(5)Itemized deductions
(6)Greater of standard deductions or itemized deductions
Taxable income
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