Evan graduated from college, and took a job as a deliveryman in the city. Evan was paid a salary of $68,500 and he received $700 in hourly pay for part-time work over the weekends. Evan summarized his expenses below.
Cost of moving his possessions to the city (125 miles away)
|
$1,200
|
Interest paid on accumulated student loans
|
2,800
|
Cost of purchasing a delivery uniform
|
1,400
|
Contribution to State University deliveryman program
|
1,300
|
Calculate Evan's AGI and taxable income if he files single with one personal exemption.