Solved: For her current tax year rachelle earhart had 60000 in, Accounting Basics

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For her current tax year rachelle earhart had 60000 in

Question - For her the current tax year, Rachelle Earhart had $60,000 in profits from her sole proprietorship and $3,000 in interest. She paid $3,000 for health insurance premiums, $6,000 for real property taxes, $4,238 for self-employment taxes, $10,000 for mortgage loan interest, and $2,500 for state income taxes.

Based on this information, what is Rachelle's adjusted gross income?

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Accounting Basics: For her current tax year rachelle earhart had 60000 in

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