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What is the total amount of adjustments on evies tax return

asked
User Theeomm
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7.8k points

1 Answer

7 votes

Answer: 250 hope i helpped

Since she won some money in local casino, and during the interview she reported that she had gambling losses of $700.20, The gambling losses is regarded as income, Therefore total income = $700.20

Adjustment or above the line deduction are

Educator expenses $550

Amount she cashed and use to pay for living expenses 401(k)

To find the total amount of adjustment, we subtract the above the line deduction from income

401 + 550 = 951

Therefore. 951 - 700.20

= 250.8

The amount for deduction to the nearest dollar is $250

Step-by-step explanation:

answered
User Pradeep Pansari
by
7.7k points
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