This year Evan graduated from college, and took a job as a deliveryman in the city. Evan

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This year Evan graduated from college, and took a job as a deliveryman in the city. Evan was paid a salary of $67,300 and he received $700 in hourly pay for part-time work over the weekends. Evan summarized his expenses below. 

Cost of moving his possessions to the city (125 miles away)   $ 1,200

Interest paid on accumulated student loans                                  2,800
Cost of purchasing a delivery uniform                                             1,400
Contribution to State University deliveryman program                1,300

Calculate Evan’s AGI and taxable income if he files single. Assume that interest payments were initially required on Evan’s student loans this year.

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Related Book For  answer-question

Taxation Of Individuals And Business Entities 2019 Edition

ISBN: 9781259918391

10th Edition

Authors: Brian C. Spilker, Benjamin C. Ayers, John Robinson, Edmund Outslay, Ronald G. Worsham, John A. Barrick, Connie Weaver

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