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Pamela earns a salary of $75,000 this year as an employee at a CPA firm. She pays the following amounts: Continuing Professional Education credits: $3,000

Pamela earns a salary of $75,000 this year as an employee at a CPA firm. She pays the following amounts:

  • Continuing Professional Education credits: $3,000 (unreimbursed by her employer)
  • Investment into her Traditional IRA: $5,500
  • Child Support of $8,000

What is Pamelas Adjusted Gross Income (AGI)?

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$58,000

$69,500

$72,000

$67,000

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