Essay
In 2014,Ashley earns a salary of $55,000,has capital gains of $3,000,and receives interest income of $5,000.Her husband died in 2013.Ashley has a dependent son,Tyrone,who is age 8.Her itemized deductions are $9,000.
a.Calculate Ashley's taxable income for 2014.
b.What is her filing status?
Correct Answer:
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a.Salary $55,000
Capital gains 3,000
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Correct Answer:
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Capital gains 3,000
Int...
View Answer
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