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#36, when finding the adjusted gross income i subtracted $6000 from $65450 because mortage payments are an adjustment. but when i go to find my
#36, when finding the adjusted gross income i subtracted $6000 from $65450 because mortage payments are an adjustment. but when i go to find my taxable income in problem 36, do i start with adjusted gross income of $59450or my annual income of $65450.Also, if i use my annual income would i subtract both the $6000 and $4000. or if i use my adjusted gross income do i now subtract the $4000 to find my taxeble income 35. Find the adjusted gross income for a single woman with an annual income of $65,450 given she contributed $4000 to retirement fund and paid $6000 of interest on mortgage payments. Used formula B, Adjusted gross income Retirement fund is an investment, it's not deducted when finding adjusted gross income $65450-$6000=59450 Adjusted gross income = $59450 36. Find the taxable income for a single women with an annual income of $65,450 given: she contributed $4000 to retirement fund and paid $6000 of interest on mortgage payments
#36, when finding the adjusted gross income i subtracted $6000 from $65450 because mortage payments are an adjustment. but when i go to find my taxable income in problem 36, do i start with adjusted gross income of $59450or my annual income of $65450.Also, if i use my annual income would i subtract both the $6000 and $4000. or if i use my adjusted gross income do i now subtract the $4000 to find my taxeble income
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