Required information [The following information applies to the questions displayed below.] This year Diane intends to file a married-joint return. Diane received $188,700 of salary and paid $9,500 of interest on loans used to pay qualified tuition costs for her dependent daughter, Deb. This year Diane has also paid moving expenses of $8,700 and $28,900 of alimony to her ex- spouse, Jack, who she divorced in 2013. Note: Round your intermediate calculations and final answer to the nearest whole dollar amount.

SWFT Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter3: Tax Formula And Tax Determination; An Overview Of property Transactions
Section: Chapter Questions
Problem 32P
icon
Related questions
Question
!
Required information
[The following information applies to the questions
displayed below.]
This year Diane intends to file a married-joint return. Diane
received $188,700 of salary and paid $9,500 of interest on
loans used to pay qualified tuition costs for her dependent
daughter, Deb. This year Diane has also paid moving
expenses of $8,700 and $28,900 of alimony to her ex-
spouse, Jack, who she divorced in 2013.
Note: Round your intermediate calculations and final
answer to the nearest whole dollar amount.
Transcribed Image Text:! Required information [The following information applies to the questions displayed below.] This year Diane intends to file a married-joint return. Diane received $188,700 of salary and paid $9,500 of interest on loans used to pay qualified tuition costs for her dependent daughter, Deb. This year Diane has also paid moving expenses of $8,700 and $28,900 of alimony to her ex- spouse, Jack, who she divorced in 2013. Note: Round your intermediate calculations and final answer to the nearest whole dollar amount.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Recommended textbooks for you
SWFT Individual Income Taxes
SWFT Individual Income Taxes
Accounting
ISBN:
9780357391365
Author:
YOUNG
Publisher:
Cengage
SWFT Comprehensive Vol 2020
SWFT Comprehensive Vol 2020
Accounting
ISBN:
9780357391723
Author:
Maloney
Publisher:
Cengage
SWFT Comprehensive Volume 2019
SWFT Comprehensive Volume 2019
Accounting
ISBN:
9780357233306
Author:
Maloney
Publisher:
Cengage
Individual Income Taxes
Individual Income Taxes
Accounting
ISBN:
9780357109731
Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT
CONCEPTS IN FED.TAX., 2020-W/ACCESS
CONCEPTS IN FED.TAX., 2020-W/ACCESS
Accounting
ISBN:
9780357110362
Author:
Murphy
Publisher:
CENGAGE L
SWFT Essntl Tax Individ/Bus Entities 2020
SWFT Essntl Tax Individ/Bus Entities 2020
Accounting
ISBN:
9780357391266
Author:
Nellen
Publisher:
Cengage