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tax year: 2021 Required information The following information applies to the questions displayed below.) This year Jack intends to file a married-joint return. Jack received
tax year: 2021
Required information The following information applies to the questions displayed below.) This year Jack intends to file a married-joint return. Jack received $177,200 of salary and paid $9,800 of interest on loans used to pay qualified tuition costs for his dependent daughter, Deb. This year Jack has also paid moving expenses of $7,500 and $33,300 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? hat is sacks of Jack's AGI $ 135,176 Required information [The following information applies to the questions displayed below.] This year Jack intends to file a married-joint return, Jack received $177,200 of salary and paid $9,800 of interest on loans used to pay qualified tuition costs for his dependent daughter, Deb. This year Jack has also paid moving expenses of $7,500 and $33,300 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 $13.goo 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 Step by Step Solution
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