Juanita, Single and Age 43, Had the Following Items for 2014

question 53

Essay

Juanita, single and age 43, had the following items for 2014:
$\begin{array}{lr}\text { Salary } & \$ 60,000 \\\text { Interest income } & 6,000 \\\text { Casualty loss on business property } & (15,000) \\\text { Casualty loss on rental property } & (5,000) \\\text { Loss on theft of securities } & (8,000) \\\text { Personal casualty gains } & 9,000 \\\text { Personal casualty loss (after } \$ 100 \text { floor) } & (13,000) \\\text { Other itemized deductions } & (9,000)\end{array}$
Compute Juanita's taxable income for 2014.

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Definitions:

Motivation

The internal drive or external stimulus that prompts individuals to take action towards achieving a goal.

Appraisal Politics

The dynamics and power plays involved in the process of evaluating employee performance, which can affect fairness and outcomes.

Rewards

The benefits, compensation, and recognition provided to employees for their performance and contributions to the organization.

Performance Management Systems

Tools and processes that organizations use to monitor, evaluate, and improve individual and organizational performance.