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During 2020, Shelley, age 55, had the following transactions: Salary $95,000 Interest income on Xerox bonds $1,300 Inheritance from uncle $65,000 Contribution to traditional IRA
During 2020, Shelley, age 55, had the following transactions:
- Salary $95,000
- Interest income on Xerox bonds $1,300
- Inheritance from uncle $65,000
- Contribution to traditional IRA $6,500
- Capital losses $3,500
- Interest on State of Maryland bonds $800
Shelley's AGI is:
Question 9 options:
| $87,100 |
| $89,800 |
| $86,800 |
| $90,600 |
| $152,100 |
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