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Tommy and Frances Monsoon have been married for 20 years, have three children, and always file their taxes together (married filing joint). In 2018, Tommy
Tommy and Frances Monsoon have been married for 20 years, have three children, and always file their taxes together (married filing joint). In 2018, Tommy made $75,000 as a publisher and printer for the local newspaper and Frances earned $15,000 babysitting their neighbors children. In addition, Tommy contributed $15,000 of his earnings to a Roth 401k and Frances put $5,000 towards a traditional IRA. What is the Monsoons adjusted gross income?
answers are:
$70,000
$75,000
$85,000
$90,000
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