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

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