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2 points Saved Salary QUESTION 55 Jose is married, filing jointly. $50,000 Interest and dividends $4,000 IRA Contributions (d
also jose's agi is?
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Answer #1

Above-the-line deductions are traditional IRA contributions and alimony payments.
Total above the line deduction = ($2000 + $10000) = 12000

salary $ 50,000.00
Interest and dividend $   4,000.00
Gross Income $ 54,000.00
Less:
IRA $   2,000.00
Alimony paid $ 10,000.00 $ 12,000.00
AGI $ 42,000.00
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