Joe is a single self-employed individual who owns his own


Joe is a single, self-employed individual who owns his own business. During 2015 Joe reported $200,000 gross income and $60,000 expense from his business. He also paid $30,000 in alimony to his former spouse, $4,000 mortgage interest on his personal home, $6,000 for health insurance premiums, and $2,000 for medicine and doctors. Ignoring any self-employment tax on the business income, what is Joe's AGI for 2015?

Label and Calculate Joe's AGI

Gross Income:

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Financial Accounting: Joe is a single self-employed individual who owns his own
Reference No:- TGS01670819

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