Problem 2
2. LO. 1, 5, 8, 9. During the year, Addison is involved in the following transactions:
• Lost money gambling on a recent trip to a casino
Problem 29
29. LO. 1 Compute the taxable income for 2014 in each of the following independent situations:
a. Drew and Meg, ages 40 and 41, respectively, are married and file a joint return. In addition to four dependent children, they have AGI of $ 65,000 and itemized deductions of $ 15,000