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Al is single, age 60, and has gross income of $143,000. His deductible expenses for 2020 are as follows: Alimony (divorce finalized in 2019) $10,000

Al is single, age 60, and has gross income of $143,000. His deductible expenses for 2020 are as follows:

Alimony (divorce finalized in 2019)

$10,000

Charitable contributions

4,000

Contribution to a traditional IRA

3,500

Loss on a rental property

2,500

Interest on home mortgage and property taxes on personal residence

7,200

State income tax

2,200

What is Als AGI?

$123,000

$137,000

$127,000

None of these amounts.

$103,000

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