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Alexandra operates a garage as a sole proprietorship. Alexandra also owns a half interest in a partnership that operates a gas station. This year Alexandra
Alexandra operates a garage as a sole proprietorship. Alexandra also owns a half interest in a partnership that operates a gas station. This year Alexandra paid or reported the following expenses related to her garage and other property. Determine Alexandra's AGI for 2020. (Do not use commas or dollar signs.)
- Revenue from auto repairs $144,730
- Salaries paid to mechanics $72,290
- Supplies and tools $18,580
- Revenues from gas station partnership (Alexandra's share) $ 125,800
- Expenses from gas station partnership (Alexandra's share) $ 95,280
- Total self-employment tax $12,782
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