Chapter 4, Problem 84IP

Calculate Carmin’s adjusted gross income on her 2019 tax return. Then do one or both of the following, according to your professor’s instructions:

1. a. Include a brief explanation of how you determined each item that affected adjusted gross income and any items you excluded from gross income. Your solution to the problem should contain a list of each item included in adjusted gross income and its amount, with the explanations attached.
2. b. Write a letter to Carmin explaining how you determined each item that affected adjusted gross income and any items you excluded from gross income. You should include a list of each item included in adjusted gross income and its amount.