Question

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 1

Your answer is D. I just answered this question

Answer 2

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 : $\ 14,490 +\ 3,584 +\ 4,813=\ 22,887$

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

$\text{Gross income - Total deductions}$

i.e. $\ 66,429-\ 22,887=\ 43,542$

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