5. Zach had a salary of $75,000 last year. He also received $4,500 in interest income from a CD he opened a few years ago. He contributed $4,000 to an IRA and had to move to another state for his new job. His moving expenses were $5,000. He is an unmarried man, with no dependents, and claims himself as an exemption. Standard deduction is $5700 for single, and exemption rate is $3,650 per exemption.
Part 1: What was Zach's gross income?
Part 2: What is Zach's Adjusted Gross Income (AGI)
Part 3: What is Zach's taxable income
