Compute the taxable income


Compute the taxable income for 2012 for Andrea on the basis of the following information. Her filing status is single. Salary $90,000 Interest income from bonds issued by IBM 3,000 Alimony payments received 3,600 Contribution to traditional IRA 5,000 Gift from grandparents 30,000 Short-term capital gain from stock investment 3,000 Amount lost in football office pool1,500 Number of potential dependents?

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Accounting Basics: Compute the taxable income
Reference No:- TGS0554452

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