Final answer:
To find Diane's adjusted gross income, one would subtract deductions and exemptions from her total income. Without specific details, we cannot determine her exact AGI. The calculation can be complex and might involve various deductions, exemptions, and tax credits.
Step-by-step explanation:
To calculate Diane's adjusted gross income (AGI), we would typically start with her total income and then subtract certain deductions such as the standard deduction and exemptions. However, the provided information does not include specific numbers regarding Diane's income or the deductions she's eligible for. In general, the calculation of AGI and taxable income involves understanding the basic relationship that taxable income is equal to the AGI minus deductions and exemptions. To determine the amount of tax Diane would owe, we would further need to apply the appropriate tax rates based on the tax brackets indicated for different levels of income after her deductions are applied. For instance, if Diane has an AGI of $50,000 and the standard deduction and exemption total $9,350 for the year in question, her taxable income would be calculated as $50,000 minus $9,350.
Nonetheless, without Diane's exact financial details, we cannot provide her precise adjusted gross income. It's also important to consider other potential deductions or credits she may be eligible for and whether she would need to consider the alternative minimum tax.