Question: Your client Nancy, age 2 6 is single. She lives with her disabled mother who meets the requirements of being a qualifying relative. This qualifies

Your client Nancy, age 26 is single. She lives with her disabled mother who meets the requirements of being a qualifying relative. This qualifies Nancy for head-of-household filing status and the standard deduction in 2024 for this filing status is $21,900. Her itemized deductions in 2024 total 30,000. In 2024, she earned $140,000 salary. She also received $2000 in interest from her savings bank and interest from a New York City bond of $1000. Finally, she had a $6,000 capital loss from the sale of a security and no capital gains. Please compute her taxable income. ( TAX 250) Answer pls with work.

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