During 2018, Iona Carr got divorced. In 2023, she presents the following information: Wages earned of $61,382 Alimony received of $9,600 Lawsuit settlement proceeds for personal injuries suffered of $18,000 Interest from a state municipal bonds of $46 Dividends received of $5,510, of which $4,050 were qualified dividends If there are no other relevant transactions, what is Iona Carr's 2023 adjusted gross income?
During 2018, Iona Carr got divorced. In 2023, she presents the following information: Wages earned of $61,382 Alimony received of $9,600 Lawsuit settlement proceeds for personal injuries suffered of $18,000 Interest from a state municipal bonds of $46 Dividends received of $5,510, of which $4,050 were qualified dividends If there are no other relevant transactions, what is Iona Carr's 2023 adjusted gross income?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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During 2018, Iona Carr got divorced. In 2023, she presents the following information:
- Wages earned of $61,382
- Alimony received of $9,600
- Lawsuit settlement proceeds for personal injuries suffered of $18,000
- Interest from a state municipal bonds of $46
- Dividends received of $5,510, of which $4,050 were qualified dividends
If there are no other relevant transactions, what is Iona Carr's 2023 adjusted gross income?
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