Question: Using the taxable income formula in chapter 4 or the irs website figure out Stephen Chieffo's taxable income. Stephen is single without any dependents. He

Using the taxable income formula in chapter 4 or the irs website figure out Stephen Chieffo's taxable income.
Stephen is single without any dependents. He owns a house and paid $5,000 in property taxes and $3,000 in interest expense. Below is his additional tax information.
W2 $150,000
Interest Income $10,000
Dividend Income $15,000
Capital Losses $40,000

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