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Jake is a single, self-employed individual who owns his own business. During 2019, Jake reported $230,000 gross income and $30,000 of business expenses. He also
Jake is a single, self-employed individual who owns his own business. During 2019, Jake reported $230,000 gross income and $30,000 of business expenses. He also paid $28,000 in alimony to his former spouse (assume the divorce was finalized before 2019). 54,800 mortgage interest on his personal home, $6,800 for health insurance premiums, and $2,400 for medicine and doctors. Ignoring any self-employment tax on the business income, what is the buspouser assume the Jake's AGI? Select the labels and calculate Jake's AGL (if an input field is not used in the table leave the input field(s) empty. Do not select a label or enter a zero) Minus: For AGI deductions Adjusted gross income
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