Question 21 (Mandatory) (3 points)
Saul
is single, age 25, and has gross income of $50,000. His bona fide deductible expenses
are as follows:
IRA Pension contribution
3,000
Expenses paid on rental property owned by Saul
3,800
Interest paid on a student loan
1,200
What is Saul's AGI for 2024?
$43,200
$48,800
$50,000
$42,000