Question: please answer questions 37 and 38 D Question 27 1.75 pts Scott and Trish Smith are married and file a joint return. In 2020, Scott

please answer questions 37 and 38
please answer questions 37 and 38 D Question 27 1.75 pts Scott

D Question 27 1.75 pts Scott and Trish Smith are married and file a joint return. In 2020, Scott earned a salary of 548,000 and Trish earned $40,000. They received $1,100 of interest during the year. They had mortgage interest of $9,000. What is their adjusted gross income for the current year? O $54.600 $89.100 573.600 $78.600 D Question 28 1.75 pts Mrs. K. Mrs. N, and Mrs. S, who are sisters, together provided the total support of their mother. The amount of support given by each was Mrs. K, 45%; Mrs. N, 44%; Mrs. S. 11%. For Mrs. K to claim her mother as a dependent, all three sisters must sign a Multiple Support Declaration (Form 2120), which must be filed with Mrs. K's return. True False

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!