Question
What is Kevin & Jim's AGI as a married couple filing jointly? Kevin's salary$94,000 Jim's salary33,000 Municipal bond interest2,400 Interest on C.D.s at Universal Savings3,100
What is Kevin & Jim's AGI as a married couple filing jointly?
Kevin's salary$94,000
Jim's salary33,000
Municipal bond interest2,400
Interest on C.D.s at Universal Savings3,100
*Qualified dividend on GM stock1,600
*Qualified dividends should be reported as both qualified and ordinary on the tax forms.
Expenditures
Eye exam and eyeglasses for Aubrynne600
Orthodontic work to correct Bryson's congenital defect2,500
Medical insurance premiums (paid on an after tax basis)1,800
State withholding for income tax8,800
Federal withholding for income tax16,000
State income taxes paid with last year's return500
Property tax on condo1,100
Ad valorem Property tax on automobile300
Home mortgage interest10,200
Interest on credit cards200
Cash contribution to Oregon Meditation center3,900
Cash contribution to a senator's campaign1,500
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