This year Diane intends to file a married-joint return. Diane received $192,100 of salary and paid $8,600 of interest on loans used to pay qualified tuition costs for her dependent daughter, Deb. This year Diane has also paid moving expenses of $4,550 and $30,600 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. Problem 6-66 Part-a (Algo) a. What is Diane's adjusted gross income?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Problem 6-66 (LO 6-1) (Algo)
[The following information applies to the questions
displayed below.]
This year Diane intends to file a married-joint return.
Diane received $192,100 of salary and paid $8,600
of interest on loans used to pay qualified tuition
costs for her dependent daughter, Deb. This year
Diane has also paid moving expenses of $4,550
and $30,600 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.
Problem 6-66 Part-a (Algo)
a. What is Diane's adjusted gross income?
Diane's AGI
Transcribed Image Text:Required information Problem 6-66 (LO 6-1) (Algo) [The following information applies to the questions displayed below.] This year Diane intends to file a married-joint return. Diane received $192,100 of salary and paid $8,600 of interest on loans used to pay qualified tuition costs for her dependent daughter, Deb. This year Diane has also paid moving expenses of $4,550 and $30,600 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. Problem 6-66 Part-a (Algo) a. What is Diane's adjusted gross income? Diane's AGI
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