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Taxpayer’s AGI Assignment | Top Universities

4. Using the tax formula calculate the taxpayer’s AGI. (5 POINTS) Wages Self-employed business income Real estate taxes paid (residence) Parking ticket paid for business Y self-employment tax Gambling income Scratch-off lotto ticket winning Cash option taken from cafeteria plan Gambling losses Hobby income Supplies for self-employed business Office expense for self-employed business Sub-contractors for self-employed business. $10,000 $80,000 $ 25,000 $ 6,500 $ 200 $ 1,300 $ 5,000 $ 100 $1,000 $ 7,000 $ 2,500 $ 700 $ 8,000. Get Accounting Homework Help Today
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