Question

Kelly earned wages of $ 87,240 , received $ 4814 in interest from a savings account, and contributed $ 6070 to a tax deferred retirement plan. She was entitled to a personal exemption of $3900 and had deductions totaling $ 9049 . Find her gross income?

Answer 1

$92,054

Step-by-step explanation:

The computation of the gross income is shown below:

= Wages earned + interest received from a savings account

= $87,240 + $4,814

= $92,054

We simply added the wages earned and the interest received from a savings account so that the accurate amount can come i.e gross income

All other information which is given is not relevant. Hence, ignored it