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balandron [24]
3 years ago
13

What is the total amount of adjustments on evies tax return

Business
1 answer:
son4ous [18]3 years ago
5 0

Answer: 250 hope i helpped

Since she won some money in local casino, and during the interview she reported that she had gambling losses of $700.20, The gambling losses is regarded as income, Therefore total income = $700.20

Adjustment or above the line deduction are

Educator expenses $550

Amount she cashed and use to pay for living expenses 401(k)

To find the total amount of adjustment, we subtract the above the line deduction from income

401 + 550 = 951

Therefore. 951 - 700.20

= 250.8

The amount for deduction to the nearest dollar is $250

Explanation:

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