Question: This year Diane intends to file a married-joint return. Diane received $179,500 of salary and paid $7,050 of interest on loans used to pay qualified

This year Diane intends to file a married-joint return. Diane received $179,500 of salary and paid $7,050 of interest on loans used to pay qualified tuition costs for her dependent daughter, Deb. This year Diane has also paid moving expenses of $7,400 and $29,300 of alimony to her ex-spouse, Jack, who she divorced in 2012.

Note: Round your intermediate calculations and final answer to the nearest whole dollar amount.

A.What is Dianes adjusted gross income

B. Suppose that Diane also reported income of $11,300 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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