Question
The following information applies to the questions displayed below.] Camille Sikorski was divorced last year. She currently provides a home for her 15-year-old daughter Kaly.
The following information applies to the questions displayed below.]
Camille Sikorski was divorced last year. She currently provides a home for her 15-year-old daughter Kaly. Kaly lived inCamille's home for the entire year, andCamille paid for all the costs of maintaining the home. She received a salary of $50,000 and contributed $4,000 of it to a qualified retirement account (a for AGI deduction). She also received $5,000 of alimony from her former husband. Finally, Camille paid $15,100 of expenditures that qualified as itemized deductions.
a. What is Camille's taxable income?
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