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Shela is single and works for a law firm. In the 2 0 2 4 tax year, she made $ 1 1 0 , 0
Shela is single and works for a law firm. In the tax year, she made $ this year in salary and $ of gross interest income from a corporate bond. Her law firm withheld $ of tax from her salary this year. In addition to the above, the following occurred this year:
She paid $ in interest on her mortgage for her primary residence.
She had a rental loss had greater expenses as a landlord than revenue by $
She sold stock she had held for months at $ less than her tax basis at the time of the sale.
Shela owned a interest in a partnership during the year. The partnership had a $ loss from operations during the year and made no distributions.
Shela volunteers for the Red Cross using her legal skills to do administrative work for the charity. She estimates her time volunteering is worth $
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