Question: This year Diane intends to file a married joint return. Diane received 177,500 of salary and paid 5,000 of interest on loans used to pay

This year Diane intends to file a married joint return. Diane received 177,500 of salary and paid 5,000 of interest on loans used to pay qualified tuition costs for her dependent daughter, Deb this year Diane has also paid moving expenses of 4,300 and 28,300 of alimony to her ex husband Jack who she divorced in 2012

A What is Diane's adjusted gross income?

B Suppose that Diane also reported income of 8,800 from a half share of profits from a partnership. Disregard any potential self employment taxes on this income. what agi would Diane report under these circumstances?

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