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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
19.  LO.1 Compute 2015 taxable income in each of the following independent situations.
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a.     Drew and Meg, ages 40 and 41 respectively, are married and file a joint return. In addition to four dependent children, they have AGI of $65,000 and itemized deductions of $15,000.
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b.    Sybil, age 40, is single and supports her dependent parents, who live with her. Sybil also supports her grandfather, who lives in a nursing home. She has AGI of $80,000 and itemized deductions of $8,000.
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c.     Scott, age 49, is a surviving spouse. His household includes two unmarried step- sons who qualify as his dependents. He has AGI of $75,000 and itemized deductions of $10,100.
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d.    Amelia, age 33, is an abandoned spouse and maintains a household for her three dependent children. She has AGI of $58,000 and itemized deductions of $9,500.
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e.     Dale, age 42, is divorced but maintains the home in which he and his daughter,  Jill, live. Jill is single and qualifies as Dale’s dependent. Dale has AGI of $64,000 and itemized deductions of $9,900.
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