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The following information applies to Jasmine, who is single, for 2017: Salary $56,000 Interest income from First Bank of Lexington 1,500 Dividends from Watters Company

The following information applies to Jasmine, who is single, for 2017:

Salary $56,000

Interest income from First Bank of Lexington 1,500

Dividends from Watters Company stock 3,000

Contribution to a traditional IRA 4,000

Loan repayment from her friend 1,000

Capital loss from sale of personal vehicle (2,300)

Number of potential dependents ?

Age 44

Jasmine maintains a household for her sister, who has $9,000 from Social Security. In addition, Jasmine's aunt lives with her and has income of $3,000.

The personal exemption amount for 2017 is $4,050.

Calculate Jasmine's Taxable Income for 2017.

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