Calculate evans agi and taxable income

Assignment Help Taxation
Reference no: EM13905912

Evan graduated from college, and took a job as a deliveryman in the city. Evan was paid a salary of $68,500 and he received $700 in hourly pay for part-time work over the weekends. Evan summarized his expenses below.

Cost of moving his possessions to the city (125 miles away)

$1,200

Interest paid on accumulated student loans

2,800

Cost of purchasing a delivery uniform

1,400

Contribution to State University deliveryman program

1,300

Calculate Evan's AGI and taxable income if he files single with one personal exemption.

 

Reference no: EM13905912

Questions Cloud

Desired file information viewer application : Therefore, she asks Hayley to modify the application to accept the name of a folder and display the following details of the files located in the folder: File name File size File creation date Write the code that Hayley should write to create the d..
Where do you think our creative intelligence types come from : When working in a group is it better to have members all of the same type or is it better to mix the creative intelligence types?
Complete pages one and two of form and schedule a : Please calculate my taxable income and complete pages 1 and 2 of Form 1040 (through taxable income, line 43) and Schedule A. You're still doing this for free, right?
What are philosophical implications : What are the philosophical implications for a reality based upon Einstein's concept of a four dimensional universe with a space-time continuum?
Calculate evans agi and taxable income : Evan graduated from college, and took a job as a deliveryman in the city. Calculate Evan's AGI and taxable income if he files single with one personal exemption.
What can be done to improve your family happiness : Nothing is more stressful than a miserable relationship and nothing can be more satisfying than a loving relationship. Briefly discuss Carl Rogers "5 Characteristics of all Successful Relationships".
Calculate jeffs itemized deductions after considering : Assume that Jeff's AGI is $280,000. Calculate Jeff's itemized deductions after considering the overall phase-out of itemized deductions.
Compare and contrast velocity or speed and acceleration : Describe Examples how you move an object or person with constant speed AND also with constant acceleration.
Calculate tammys agi and taxable income : Calculate Tammy's AGI and taxable income for 2015 assuming she files single with personal exemption assume the 2014 rules apply for purposes of qualified education expense deduction and the educator expense deduction.

Reviews

Write a Review

Taxation Questions & Answers

  Taxable income

Determine taxable income before considering expense.

  Prepare a tax research memo

Prepare a tax research memo to the file that addresses the issues you feel are most relevant to Mimi's various issures.

  Income by ordinary concepts

Explain what is meant by income by ordinary concepts

  Identify the tax issues

Identify the tax issues that are raised and the relevant sections of the legislation. Identify any cases and other sources of law or information that apply.

  Calculate carolines taxable income

Calculate Carolines taxable income

  Taxation – law and practice

Show the tax issues that are raised and the relevant sections of the legislation.

  Payment to the taxpayer

Brief statement in your own words of the facts of the cases.

  Prepare regular corporation tax return

Prepare the C Regular Corporation Tax Return for the Lawson And Norman Enterprise

  Taxation law

Advise the participants in the ‘barter' system of the income tax implications, if any, of participating in the system.

  A tax on cigarettes is a good way of raising tax revenue

Discuss- A tax on cigarettes is a good way of raising tax revenue for the government

  Prepare the required journal entry

Prepare the required journal entry to record the tax expense

  Calculate barbs taxable income

Calculate Barb's taxable income? What nonrefundable credit is Barb eligible for based on the information you have?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd