What is jacks adjusted gross income? assume that jack will, Ask an Expert

Accounting

This year Jack intends to file a married-joint return with two dependents. Jack received $170,000 of salary and paid $6,600 of interest on loans used to pay qualified tuition costs for his dependent daughter, Deb. This year Jack has also paid qualified moving expenses of $5,200 and $26,600 of alimony.

What is Jack's adjusted gross income? Assume that Jack will opt to treat tax items in a manner to minimize his AGI?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M966300

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