Question: In 2 0 2 4 , Alex is a single individual with no dependents. Consider the following information for Alex: During the year, Alex earned
In Alex is a single individual with no dependents. Consider the following information for Alex:
During the year, Alex earned in salary working as a construction inspector for the city of Minneapolis, WI
From his paychecks, Alex had $ withheld for federal income tax.
In addition to working as a construction inspector, Alex also earned $ of ordinary dividends from stock investments during the year.
Because of the investment income, Alex made $ of quarterly estimated tax payments during the year.
During the year, Alex paid $ in costs that are deductible as forAGI deductions.
Alex also paid $ in items that are eligible to be included in itemized deductions for the year.
During, the year, Alex paid $ in costs that are eligible to be claimed as a refundable credit.
Assume that Alex pays tax at a flat rate of
Questions
What is Alexs Adjusted Gross Income?
What is Alexs Taxable Income?
What is Alexs Tax Due? if a refund, show the amount as negative
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