1. Willie and Anna Belle are married and have no children or other dependents. The...
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Accounting
1. Willie and Anna Belle are married and have no children or other dependents. The following is their tax information for 2018: Anna Belle's salary $50,000 Inheritance from Willie's uncle 10,000 Interest on Bibb County Municipal Bond 5,000 Anna Bell's Roth IRA contribution 5.500 Moving Expenses 4,000 Long-term capital loss on sale of stock 6,000 Short-term capital gain on sale of stock 11,000 Medical Expenses 12.125 Mortgage Interest Expense 12,000 State Income Taxes paid in 2016 2,000 Real Estate Taxes on Home 9,000 Assume they file a joint retum. Calculate their adjusted gross income, taxable income, and tax liability for 2018
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