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The following information applies to Emily for 2 0 2 4 . Her filing status is single. Salary $ 8 5 , 0 0 0
The following information applies to Emily for Her filing status is single.
Salary $
Interest income from bonds issued by Xerox
Alimony payments received divorce occurred in
Contribution to traditional IRA
Gift from parents
Gain from sale of stock investment
Amount lost in football office pool gambling loss
Age
Emily has no gambling winnings this year.
Click here to access the Components of the tax formula to use.
Indicate whether the following items are taxable or nontaxable to Emily.
Salary
Gift from parents
Alimony payments received
Gain from sale of stock investment
Interest income from bonds issued by Xerox
Identify whether the items are deductible fully or partially by Emily.
Amount lost in football office pool
Contribution to a traditional IRA
Emily's taxable income in is WHAT?
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