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 2024, Alex is a single individual with no dependents. Consider the following information for Alex:
During the year, Alex earned 88,000 in salary working as a construction inspector for the city of Minneapolis, WI.
From his paychecks, Alex had $16,000 withheld for federal income tax.
In addition to working as a construction inspector, Alex also earned $21,000 of ordinary dividends from stock investments during the year.
Because of the investment income, Alex made $5,250 of quarterly estimated tax payments during the year.
During the year, Alex paid $7,000 in costs that are deductible as for-AGI deductions.
Alex also paid $15,700 in items that are eligible to be included in itemized deductions for the year.
During, the year, Alex paid $800 in costs that are eligible to be claimed as a refundable credit.
Assume that Alex pays tax at a flat rate of 25%.
Questions
1. What is Alexs Adjusted Gross Income?
2. What is Alexs Taxable Income?
3. What is Alexs Tax Due? (if a refund, show the amount as negative)

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