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The following information applies to the questions displayed below. Shauna Coleman is single. She is employed as an architectural designer for Streamline Design (SD). Shauna

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The following information applies to the questions displayed below. Shauna Coleman is single. She is employed as an architectural designer for Streamline Design (SD). Shauna wanted to determine her taxable income for this year (2021). She correctly calculated her AGI. However, she wasn't sure how to compute the rest of her taxable income. She provided the following information with hopes that you could use it to determine her taxable income. a Shauna paid $4,686 for medical expenses for care related to a broken ankle. Also, Shauna's boyfriend, Blake, drove Shauna (in her car) a total of 115 miles to the doctor's office so she could receive care for her broken ankle. b. Shauna paid a total of $3,415 in health insurance premiums during the year (not through an exchange). SD did not reimburse any of this expense. Besides the health insurance premiums and the medical expenses for her broken ankle, Shauna had Lasik eye surgery last year and paid $3,015 for the surgery (she received no insurance reimbursement). She also incurred $456 of other medical expenses for the year. c. SD withheld $1,815 of state income tax, $7,510 of Social Security tax, and $14,560 of federal income tax from Shauna's paychecks throughout the year. d. In 2021, Shauna was due a refund of $256 for overpaying her 2020 state taxes. On her 2020 state tax return that she filed in April 2021, she applied the overpayment toward her 2021 state tax liability. She estimated that her state tax liability for 2021 will be $2,315. e. Shauna paid $3,215 of property taxes on her personal residence. She also paid $506 to the developer of her subdivision because he had to replace the sidewalk in certain areas of the subdivision. f. Shauna paid a $206 property tax based on the state's estimate of the value of her car. g. Shauna has a home mortgage loan in the amount of $223,000 that she secured when she purchased her home. The home is worth about $403,000. Shauna paid interest of $12,360 on the loan this year. h. Shauna made several charitable contributions throughout the year. She contributed stock in ZYX Corporation to the Red Cross. On the date of the contribution, the fair market value of the donated shares was $1,060 and her basis in the shares was $424. Shauna originally bought the ZYX Corporation stock in 2009. Shauna also contributed $306 cash to State University and religious artifacts she has held for several years to her church. The artifacts were valued at $506 and Shauna's basis in the items was $306. Shauna had every reason to believe the church would keep them on display indefinitely, Shauna also drove 200 miles doing church-related errands for her minister. Finally, Shauna contributed $1,215 of services to her church last year. 1. Shauna paid $256 in investment advisory fees and another $156 to have her tax return prepared (that is, she paid $156 in 2021 to have her 2020 tax return prepared). J. Shauna is involved in horse racing as a hobby. During the year, she won $2,515 in prize money and incurred $10,600 in expenses. She has never had a profitable year with her horse-racing activities, so she acknowledges that this is a hobby for federal income tax purposes. k. Shauna sustained $2,015 in gambling losses over the year (mostly horse-racing bets) and had only $206 in winnings. 1 - 1 of 2 a. Shauna paid $4,686 for medical expenses for care related to a broken ankle. Also, Shauna's boyfriend, Blake, drove Shauna (in her car) a total of 115 miles to the doctor's office so she could recelve care for her broken ankle, b. Shauna pald a total of $3,415 in health insurance premiums during the year (not through an exchange). SD did not reimburse any of this expense. Besides the health insurance premiums and the medical expenses for her broken ankle, Shauna nad Lasik eye surgery last year and paid $3,015 for the surgery (she received no insurance reimbursement). She also incurred $456 of other medical expenses for the year. C. SD withheld $1.815 of state income tax, $7.510 of Social Security tax, and $14,560 of federal income tax from Shauna's paychecks throughout the year. d. In 2021 , Shauna was due a refund of $256 for overpaying her 2020 state taxes. On ner 2020 state tax return that she filed in April 2021. she applied the overpayment toward her 2021 state tax liability. She estimated that her state tax liability for 2021 will be $2,315. e Shauna paid $3,215 of property taxes on her personal residence. She also paid $506 to the developer of her subdivision because he had to replace the sidewalk in certain areas of the subdivision f. Shauna paid a $206 property tax based on the state's estimate of the value of her car. 9. Shauna has a home mortgage loan in the amount of $223,000 that she secured when she purchased her home. The home is worth about $403,000. Shauna pald interest of $12,360 on the loan this year. h. Shauna made several charitable contributions throughout the year. She contributed stock in ZYX Corporation to the Red Cross. On the date of the contribution, the fair market value of the donated shares was $1,060 and her basis in the shares was $424. Shouna originally bought the ZYX Corporation stock in 2009. Shauna also contributed $306 cash to State University and religious artifacts she has held for several years to her church. The artifacts were valued of $506 and Shauna's basis in the items was $306. Shauna hod every reason to believe the church would keep them on display indefinitely Shauna also drove 200 miles doing church-related errands for her minister. Finally, Shauna contributed $1,215 of services to her church last year, Shauna paid $256 in investment advisory fees and another $156 to have her tax return prepared (that is, she pald $156 in 2021 to have her 2020 tax return prepared). J. Shauna is involved in horse racing as a hobby. During the year, she won $2,515 in prize money and incurred $10,600 in expenses. She has never had a profitable year with her horse-racing activities, so she acknowledges that this is a hobby for federal income tax purposes. k. Shauna sustained $2,015 in gambling losses over the year (mostly horse-racing bets) and had only $206 In winnings BOK + ces a-1. Assume Shauna's AG is $110,000. Determine Shauna's taxable income. (Round your intermediate calculations to the nearest whole dollar amount.) Taxable income

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