Question

Whitney made $45,000 at her job last year. This was her gross income. She then subtracted her deductions and her new total came to $41,435. What does this new total represent? a standard deduction an itemized deduction an earned income credit an adjusted gross income

Answer 1

An Adjusted gross income

Step-by-step explanation:

Got it right on the test.

Answer 2

Adjusted gross income

Step-by-step explanation:

GROSS INCOME is the total amount a person or an individual earned in a year before a certain deduction is made, therefore Based on the information given the new Total will represent her AGI which is fully know as ADJUSTED GROSS INCOME which occured in a situation where a certain amount of money is deducted from an individual GROSS INCOME such as tax payment or expenses which in turn will lead to the gross income to have a lesser amount after the deduction which is what is called ADJUSTED GROSS INCOME.