This year Evan graduated from college and took a job as a
deliveryman in the city. Evan was paid a salary of $68,500 and he
received $700 in hourly pay for part-time work over the weekends.
Evan summarized his expenses below: Cost of moving his possessions
to the city (125 miles away) $ 1,200 Interest paid on accumulated
student loans 2,800 Cost of purchasing a delivery uniform 1,400
Contribution to State University deliveryman program 1,300
Calculate Evan’s AGI and taxable income if he files single with one
personal exemption. Assume that interest payments were initially
required on Evan’s student loans this year.
update for 2017!





