Question
Al is single, age 60, and has gross income of $140,000. His deductible expenses are as follows: Alimony $24,000 Charitable contributions 4,000 Contribution to a
Al is single, age 60, and has gross income of $140,000. His deductible expenses are as follows:
Alimony $24,000
Charitable contributions 4,000
Contribution to a traditional IRA 5,500
Expenses paid on rental property 7,500
Interest on home mortgage and property taxes on personal residence 7,200
State income tax 2,200
What is Al's AGI FOR 2018?
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Business Communication Essentials
Authors: Courtland Bovee
4th Canadian Edition
0133508706, 978-0133508703
