Alicia (age 27) is a single, full-time college student. she earns $13,200 from a part-time job and has taxable interest income of $1,450. her itemized deductions are $845. what is her taxable income

Respuesta :

AGI= 13200+1450= 14650

less Standard Deduction for 2017 (6350)

Equals 8300

Less 2017 deduction amount (4050)

Final answer is 4250

The answer is: 4250

Explanation: Alicia (age 27) who is a single, full-time college student has the  

average gross income of 14650 (13200+1450= 14650)

from this, we’ll minus her Standard Deduction for 2017 which are  (6350)

once we minus the amount, the answer will be 8300

from this we will deduct  2017 deduction amount which is (4050)

once the entire calculation has been done, 4250 will be the final answer.