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Calculate Taxable Income for Bitty Buchannan for 2020. Bitty is a head of household.

Salary $100,000

Bitty's brother Beau paid back a $70,000 loan from 2016

State of Iowa Bond interest $10,000

Treasury bond interest $5,000

Bitty's mother Bertha gave her a gift of $100,000 cash

Capital loss $10,000

Bitty inherited $200,000 from her great grandfather Boris

NIKE dividends $15,000

Sole Proprietorship net income from Paint Store $50,000

Unemployment compensation $30,000

Workmen's compensation $40,000

Bitty was the beneficiary of great grandmother's life insurance policy and received $150,000 Bitty received a legal settlement of $80,000 from a fall at Macy's

Bitty found a bracelet worth $5,000 on the beach.

Bitty won $20,000 in a cake baking contest.

Child support received $40,000

Alimony received $50,000 the divorce was signed in 2010.

Bitty won $20,000 at the race track

State Income tax $10,000

Real Estate tax $20,000

Contribution to health Savings Account $2,000