This year Jack intends to file a married-joint return with two dependents. Jack received $168,000 of salary and paid $8,950 of interest on loans used to pay qualified tuition costs for his dependent daughter, Deb. This year Jack has also paid qualified moving expenses of $6,100 and $24,800 of alimony. (Do not round intermediate calculations.) What is Jack\'s adjusted gross income? Assume that Jack will opt to treat tax items in a manner to minimize his AGI. JACKS AGI? Suppose that Jack also reported income of $10,100 from a half share of profits from a partnership. Disregard any potential self-employment taxes on this income. What AGI would Jack report under these circumstances? Again, assume that Jack will opt to treat tax items in a manner to minimize his AGI. JACKS AGI? Solution a. the gross income is= $128,150 b. now the total income is $138,250. on this total amount he has to pay tax, but the tax rate is different at each income source. .