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Elton Weiss and Reyna Herrera-Weiss are married and report the following income items: Eltons salary is $ 254,000 Reynas Schedule C net profit 50,000 The
Elton Weiss and Reyna Herrera-Weiss are married and report the following income items:
Eltons salary is $ 254,000
Reynas Schedule C net profit 50,000
The income tax deduction for Reyna's SE tax was $3,532.
Elton contributed the maximum to a Section 401(k) plan,
and Reyna contributed the maximum to a SEP plan.
Both spouses contributed $2,750 to their IRAs.
Required: Compute their AGI.
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