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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 paid moving expenses of $5,000 and received $9,800 of alimony (from her ex-husband, divorced in 2012). What is Tiffanie's AGI?
Monetary Policies
Economic strategies, implemented by a central bank, that regulate the amount of money in circulation to control inflation, employment, and economic growth.
Federal Reserve Board
The governing body of the Federal Reserve System, responsible for overseeing the United States' central banking system and setting monetary policy.
Income Tax
refers to a tax levied by governments on the income earned by individuals and entities, which varies depending on the income level and source.
Levied
Imposed (a tax, fee, or fine) by authority or government, usually requiring payment by law.
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