Regardless of your answer in the previous question, assume t…
Regardless of your answer in the previous question, assume the Monsoons have an AGI of $60,000. In 2018, the Monsoons also paid $10,000 in tithing, donated $100 worth of household goods to Deseret Industries and had medical expenses of $5,000. They also paid state income taxes of $4,000, local income taxes of $2,000, property taxes of $5,000, and mortgage interest of $4,000. Calculate the Monsoons’ 2018 taxable income.