Compute Julie adjusted gross income and taxable income

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Problem - Julie, an unmarried individual, lives in a home with her 13-year-old dependent son, Oscar. In 2017, Julie had the following tax information. Salary $ 96,000 Interest and dividend income 12,800 Capital gain from sale of investments 14,000 Above-the-line deductions 800 Itemized deductions 6,900. Compute Julie's adjusted gross income (AGI) and taxable income.

Reference no: EM132961064

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