Question: Theme: AGI Examine the case below and do the following: 1.Indicates the income items that are part of the gross income. 2.Indicates the salary exclusions.
Theme: AGI
Examine the case below and do the following: 1.Indicates the income items that are part of the gross income. 2.Indicates the salary exclusions. 3.Identify the deductions to which the taxpayer is entitled to calculate the adjusted gross income. 4.Calculate adjusted gross income. 5.Indicates the status that the taxpayer must file.
Case 4
Rosa Hernndez was born on May 2, 1979, is a veteran, secretary, divorced, and her W-2 shows a salary of $55,000 and tax withheld of $4,000. Rosa is studying and paid $8,000 for her college tuition for her bachelor's degree. She has a son who was born on April 24, 2008.
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