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During 2015, Dave, a single taxpayer, 39 years old - Academic Heroes

During 2015, Dave, a single taxpayer, 39 years old

Nancy gives her grandson, Sean, 20 acres of land
February 12, 2020
please show work
February 12, 2020

During 2015, Dave, a single taxpayer, 39 years old, had Schedule C income of

$84,000. His self-employment tax was $8,000. He also had itemized deductions of $4,000. What is Dave’s AGI? What is Dave’s taxable income?

 
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