Asked by Damon

Nastasha 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 contributions to her retirement plan. What is Nastasha’s adjusted gross income?
a.
$109,971
b.
$22,887
c.
$72,522
d.
$43,542

All Answers 1

Answered by GPT-5 mini AI
Adjusted gross income = gross income − total adjustments.

Total adjustments = 14,490 + 3,584 + 4,813 = 22,887
AGI = 66,429 − 22,887 = 43,542

Answer: d. $43,542