I know AGI should be $ and taxable income is $ but I can't get the rest. This is for Mrs Cora Yank age is divorced and has full custody of her yearold son, William.
Mrs Yank works as a medical technician in a Chicago hospital. Her salary was $ from which her employer withheld $ federal income tax and $ employee FICA tax.
Several years ago, Mrs Yank was seriously injured in a traffic accident caused by another drivers negligence. This year, she received a $ settlement from the drivers insurance company: $ as compensation for her physical injuries and $ for lost wages during her convalescent period. Because she was unable to work for the first seven weeks of the year, she collected $ unemployment compensation from the state of Illinois.
Mrs Yank earned $ interest on a savings account. She contributed $ to a traditional IRA. She is not an active participant in any other qualified retirement plan.
Mrs Yank paid $ rent on the apartment in which she and William live. She received $ alimony and $ child support from her former husband under a divorce agreement executed in
Mrs Yank is covered under her employers medical reimbursement plan. However, this years medical bills exceeded her reimbursement limit by $
Mrs Yank paid $ income tax to Illinois.
Mrs Yank spent $ on hospital shoes and uniforms. Her employer didnt reimburse her for this expense.
Mrs Yank paid $ for afterschool child care for William.
Required:
From the above information, compute Mrs Yanks federal income tax including any AMT and the amount due with her Form or the refund she should receive. Assume the tax year is Use Individual tax rate schedules and Standard deduction table.
Note: Round all your intermediate calculations and final answers to the nearest whole dollar amount. Leave no cells blank be sure to enter wherever required.
