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use the following information for the tax year 2021. Alicia, age 30, is a single taxpayer with W-2 wages of $96,000. In addition, Alicia receives
use the following information for the tax year 2021. Alicia, age 30, is a single taxpayer with W-2 wages of $96,000. In addition, Alicia receives $6,000 of tax-exempt interest income and she has $5,000 interest income from her savings account at Citibank. She has from AGI deductions totaling $10,000.
Question #2: What is Alicia's gross income, subject to tax?
a. $90,000 | ||
a. $96,000 | ||
c. $101,000 | ||
d. $102,000 | ||
e. $107,000 |
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