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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
20.  LO.1, 8 Compute Emily’s 2015 taxable income on the basis of the following infor- mation. Her filing status is single.
|
Salary |
$85,000 |
|
Interest income from bonds issued by  Xerox |
1,100 |
|
Alimony payments received |
6,000 |
|
Contribution to traditional  IRA |
5,500 |
|
Gift from parents |
25,000 |
|
Capital gain from stock investment, held for 7Â Â Â months |
2,000 |
|
Amount lost in football office betting  pool |
500 |
|
Number of potential dependents (two cousins, who live in Canada) |
? |
|
Age |
40 |
Â
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