Darren and Amy are married and filing separate returns for 2020. During 2020, Darren paid $3,500...
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Darren and Amy are married and filing separate returns for 2020. During 2020, Darren paid $3,500 in interest on his student loan. His modified AGI is $61,580. How much of the student loan interest can Darren deduct as an adjustment to income on his 2020 tax return? $2,500 O $3,500 O $0 O $1,750 Question 57 In 2020, Charlotte had to relocate to another city as required by her employer. The new home is 800 miles away from her previous home. She paid $5,000 for moving costs and drove her car 800 miles to her new home. She paid $150 for one-night lodging on the trip and $50 for meals during the trip. She also received a $2,000 reimbursement from her employer. How much is Charlotte's moving expense adjustment? O $0 O $3,344 O $3.294 1 pts O $5,294 Darren and Amy are married and filing separate returns for 2020. During 2020, Darren paid $3,500 in interest on his student loan. His modified AGI is $61,580. How much of the student loan interest can Darren deduct as an adjustment to income on his 2020 tax return? $2,500 O $3,500 O $0 O $1,750 Question 57 In 2020, Charlotte had to relocate to another city as required by her employer. The new home is 800 miles away from her previous home. She paid $5,000 for moving costs and drove her car 800 miles to her new home. She paid $150 for one-night lodging on the trip and $50 for meals during the trip. She also received a $2,000 reimbursement from her employer. How much is Charlotte's moving expense adjustment? O $0 O $3,344 O $3.294 1 pts O $5,294
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Related Book For
Thermodynamics An Engineering Approach
ISBN: 978-0073398174
8th edition
Authors: Yunus A. Cengel, Michael A. Boles
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