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Al single, age 60, and has gross income of $140,000. His deductible expenses are as follows: Alimony (2019) $20,000 Charitable contributions 4,000 Contribution to a

Al single, age 60, and has gross income of $140,000. His deductible expenses are as follows:

Alimony (2019)

$20,000

Charitable contributions

4,000

Contribution to a traditional IRA

5,000

Expenses paid on rental property

9,500

Interest on home mortgage and property taxes on personal residence

7,200

State income tax

State sales tax

What is Al's AGI?

1,000

2,200

image text in transcribed

2. Al single, age 60, and has gross income of $140,000. His deductible expenses are as follows: Alimony (2019) Charitable contributions Contribution to a traditional IRA Expenses paid on rental property Interest on bome mortgage and property taxes on personal residence State income tax State sales tas What is Al's AGI? $20,000 4,000 5,000 9,500 7,200 1,000 2,200

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