Question: Please help me answer the second part: Info: During 2017, Kelsey, a 40-year-old single taxpayer, reports the following items of income and expense EEB Click

Please help me answer the second part:

Please help me answer the second part: Info: During 2017, Kelsey, a

Info:

40-year-old single taxpayer, reports the following items of income and expense EEB

Click the icon to view the data.) (Click the icon to view

During 2017, Kelsey, a 40-year-old single taxpayer, reports the following items of income and expense EEB Click the icon to view the data.) (Click the icon to view the standard deduction and personal and dependency exemption amounts.) Requirement Assuming all of these items are deductible and that the amounts are before any limitations, what is Kelsey's taxable income for the year? Select the labels and calculate Kelsey's adjusted gross income, then calculate his taxable income. (For accounts with zero balances, select the label and enter a "O Use a minus sign or parentheses for expenses and/or losses. Round any applicable AGI floors to the nearest whole dollar.) Income Salary Dividends Interest income Net rental income (expense) Loss on sale of stock Alimony Adjusted gross income Minus: Itemized deductions Medical Real property taxes- principal residence Charitable contributions Mortgage interest - principal residence Casualty loss Miscellaneous itemized deductions Total itemized deductions Personal exemption Taxable income 110,000 1,100 1,100 1,400 (1,900) 10,400 101,300 4050

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