Question
In 2020, Elliott earned a S90000 salary as a physician's assistant. He owned his own home and paid $15000 in mortgage interest on his primary
In 2020, Elliott earned a S90000 salary as a physician's assistant. He owned his own home and paid $15000 in mortgage interest on his primary residence during the year. His total real estate taxes on his primary residence for the year were $2,000. Other interest costs Elliott had during the year were: $1900 in interest on his student loans used for tuition and fees during his undergraduate program at George Mason and $1500 in interest on credit cards during the year related to furniture he purchased for his home. Finally, Elliott spent 40 hours during the your providing no cost (pro hono) care to needy families that would have normally resulted in an additional $2500 of wages for Elliott if he had billed the clients Determine Elliott's AGL for 2020
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