During 2020, Colonel Fitzwilliam, an unmarried taxpayer who is 25 years old, had wage income...
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Accounting
During 2020, Colonel Fitzwilliam, an unmarried taxpayer who is 25 years old, had wage income of $40,242, net rental income of $26,131, interest income of $303, and dividend income of $2,424. He paid $975 of interest on a qualified student loan and $425 of interest on his personal credit cards. He claims both of his parents as dependents and he also has itemized deductions of $10,101. What is his AGI for 2020? Lee 132 $67,700 $55,725 O $65,701 $68,125
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