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Business, 16.09.2021 14:00 yeidiyan9490

Samille Sikorski was divorced last year. She currently owns and provides a home for her 15-year-old daughter, Kaly, and 18-year-old son, Parker. Both children lived in Camille’s home for the entire year, and Camille paid for all the costs of maintaining the home. She received a salary of $110,000 and contributed $6,500 of it to a qualified retirement account (a for AGI deduction). She also received $17,000 of alimony from her former husband. Finally, Camille paid $4,900 of expenditures that qualified as itemized deductions. 1. What is camilles taxable income?
2. What would camilles taxable income be if she incurred $13,100 of itemized deductions instead of $4900?
3. Assume the original facts except that Camilles daughter kaly is 25 years old and a full time tstudent, Kaly's gross income for the year was $7,500. Kaly provided $4500 of her own support and camille provided 7500 of support. What is camilles taxable income?

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Samille Sikorski was divorced last year. She currently owns and provides a home for her 15-year-old...
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