Natasha has a gross income of $66,429. She can make adjustments of $14,490 for business losses, $3,584 for business expenses, and $4,813 for constitutions to her retirement plan. What's Natasha's adjusted gross income?
A. $109,971
B. $22,887
C. $72,522
D. $43.542

Answer :

Your answer is D. I just answered this question
JeanaShupp

Answer: D. $43,542

Step-by-step explanation:

The adjusted gross income of any person is person's gross income minus the certain deductions.

Given : Natasha has a gross income of $66,429.

She can make adjustments of $14,490 for business losses, $3,584 for business expenses, and $4,813 for constitutions to her retirement plan.

Total deductions : [tex]\$14,490 +\$3,584 +\$4,813=\$22,887[/tex]

Now,  Natasha's adjusted gross income will be :-

[tex]\text{Gross income - Total deductions}[/tex]

i.e. [tex]\$66,429-\$22,887=\$43,542[/tex]

Hence,  Natasha's adjusted gross income = $43,542

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