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Business, 26.11.2019 20:31 kv34

This year jack intends to file a married-joint return. jack received $167,500 of salary and paid $5,000 of interest on loans used to pay qualified tuition costs for his dependent daughter, deb. this year jack has also paid moving expenses of $4,300 and $28,300 of alimony to his ex-wife, diane, who divorced him in 2012.b. suppose that jack also reported income of $8,800 from a half share of profits from a partnership. disregard any potential self-employment taxes on this income. what agi would jack report under these circumstances?

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