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This year Tiffanie files as a single taxpayer.Tiffanie received $62,700 of salary and paid $3,200 of qualified educational interest.This year Tiffanie has also paid deductible moving expenses of $2,200 and received $12,000 of alimony.What is Tiffanie's AGI?
Net Income
The total profit of a company after all expenses and taxes have been deducted from total revenue.
Long-term Debt
Loans and financial obligations lasting more than one year, often used to finance capital investments or operations.
Total Capital
The sum of a company's debt and equity, representing the total funds that a company can employ in its operations and growth.
Interest Charges
The cost incurred for borrowing money, typically expressed as a percentage of the total amount borrowed.
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