6. During 2023, Anmol Frank had the following transactions: Alimony received (divorce occured in 2017) Interest income on IBM bonds She borrowed money to buy a new car Value of BMW received as a gift from aunt Federal income tax withholding payments The taxpayer's AGI is: a. b. $74,000. $76,000. C. $79,000. d. $81,000. e. $90,000. 79,000 +3400 $ 79,000 2,00 1,00 3,0 5,0

SWFT Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter6: Deductions And Losses: In General
Section: Chapter Questions
Problem 2BCRQ
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During 2023, Anmol Frank had the following transactions: Alimony received (divorce occured in 2017) Interest income on IBM bonds She borrowed money to buy a new car Value of BMW received as a gift from aunt Federal income tax withholding payments The taxpayer's AGI is: a. $74,000. b. $76,000. c. $79,000. d.) $81,000. e. $90,000.

D
6. During 2023, Anmol Frank had the following transactions:
Alimony received (divorce occured in 2017)
Interest income on IBM bonds
She borrowed money to buy a new car
Value of BMW received as a gift from aunt
Federal income tax withholding payments
The taxpayer's AGI is:
a.
$74,000.
b.
$76,000.
c. $79,000.
d.
$81,000.
e.
$90,000.
$ 79,000
2,000
1,000
Bude 3,000
5,00
012
79,000
82400
Transcribed Image Text:D 6. During 2023, Anmol Frank had the following transactions: Alimony received (divorce occured in 2017) Interest income on IBM bonds She borrowed money to buy a new car Value of BMW received as a gift from aunt Federal income tax withholding payments The taxpayer's AGI is: a. $74,000. b. $76,000. c. $79,000. d. $81,000. e. $90,000. $ 79,000 2,000 1,000 Bude 3,000 5,00 012 79,000 82400
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