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Consider the following financial information for an engineer: Age: 25 Status: Single, no children Gross Income: $66,000 401k investment: $4000 Residential status: Renting Total eligible
Consider the following financial information for an engineer: Age: 25 Status: Single, no children Gross Income: $66,000 401k investment: $4000 Residential status: Renting Total eligible itemized deductions: $3000 What is the adjusted gross income? (If you need to use them, for tax year 2018 assume the standard deduction for single is $12000, married is $24000 )
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