During 2020, Mary had the following transactions: Salary $70,000 Bank loan (proceeds used to buy personal auto)

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During 2020, Mary had the following transactions:

Salary $70,000

Bank loan (proceeds used to buy personal auto) 15,000

Gambling Winnings 10,000

Interest from Bank of America Savings Account 1,000

Gift from Uncle 20,000

Mary's AGI is:

$66,000

$70,000

81,000

$101,000

Posted Date: Sep 15, 2021 11:32 PM

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During 2020, Mary had the following transactions: Salary $70,000 Bank loan (proceeds used to buy personal auto)

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Answer AGI is 81000 Explanation Calculation Of AGI Salary 70000 ... View the full answer

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