Henry, single and age 42, was divorced on July 1, 2019. He cannot claim any children...

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Henry, single and age 42, was divorced on July 1, 2019. He cannot claim any children...

Henry, single and age 42, was divorced on July 1, 2019. He cannot claim any children as dependents. He had the following items of income and expense for the 2020 tax year.

Wages: $70,000
Taxable interest: $1,000
Inheritance received: $50,000
Alimony paid: $10,000
Child support paid: $8,000
Federal taxes paid: $5,000
What is his taxable income (Line 15)?

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Answer 1

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ܘܘ7030 ܘܩܘܝܐ ܂ £ ܩܘܨܘܐ܂ ܀ ܘܘܘܝܐ6 $ uloges Interest Gross friccome 76000 - Alimony Paid AGI () Here is the solution if any doubt please ask. Kindly rate me. Thankyou

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Answer 2

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Henry, single and age 42, was divorced on July 1, 2019. He cannot claim any children...

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Wally, single and age 42, has the following items of income and expense for the current...

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Henry, single and age 42, was divorced on July 1, 2019. He cannot claim any children...

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Henry, single and age 42, was divorced on July 1, 2019. He cannot claim any children...