Question
Gary and Charlotte had the following income and expenses for 2018:$45000 in wages.$24000 in rental income.$48000 in self-employment receipts. $8000 in rental expenses.$12000 in self-employment
Gary and Charlotte had the following income and expenses for 2018:$45000 in wages.$24000 in rental income.$48000 in self-employment receipts. $8000 in rental expenses.$12000 in self-employment expenses. Assuming there are no income adjustments, what is their California gross income? and what is their California AGI?
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Managerial Accounting
Authors: Peter Clarke
2nd Edition
9781907214240
