and was widowed in 2019. He has a daughter, Christina, age 6. • Thomas provided the entire cost of maintaining the household and over half of the support for Christina. In order to work, he pays childcare expenses to Downtown Daycare. • Thomas purchased health insurance for himself and his daughter through the Marketplace. He received a Form 1095-A. • Thomas and Christina are U.S. citizens and lived in the United States all year in 2022 a. Thomas's adjusted gross income on his Form 1040 is $__________.
and was widowed in 2019. He has a daughter, Christina, age 6. • Thomas provided the entire cost of maintaining the household and over half of the support for Christina. In order to work, he pays childcare expenses to Downtown Daycare. • Thomas purchased health insurance for himself and his daughter through the Marketplace. He received a Form 1095-A. • Thomas and Christina are U.S. citizens and lived in the United States all year in 2022 a. Thomas's adjusted gross income on his Form 1040 is $__________.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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• Thomas is age 40 and was widowed in 2019. He has a daughter, Christina, age 6. • Thomas provided the entire cost of maintaining the household and over half of the support for Christina. In order to work, he pays childcare expenses to Downtown Daycare. • Thomas purchased health insurance for himself and his daughter through the Marketplace. He received a Form 1095-A. • Thomas and Christina are U.S. citizens and lived in the United States all year in 2022
a. Thomas's adjusted gross income on his Form 1040 is $__________.
b. Thomas's Retirement Savings Contributions Credit on Form 8880 is $___________.
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