Marsha is single, had gross income of $50,000, and incurred the following expenses:
$\begin{array}{lr}
\text { Charitable contribution } & \$ 2,000 \
\text { Taxes and interest on home } & 7,000 \
\text { Legal fees incurred in a tax dispute } & 1,000 \
\text { Medical expenses } & 3,000 \
\text { Penalty on early withdrawal of savings } & 250
\end{array}$
Her AGI is:
a. $ \$ 39,750 $.
b. $ \$ 49,750 $.
c. $ \$ 40,000 $.
d. $ \$ 39,750 $.
e. $\text { None of the ahove }$

Question

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The Answer of Marsha is single, had gross income of $50,000, and incurred the following expenses:
$\begin{array}{lr}
\text { Charitable contribution } & \$ 2,000 \
\text { Taxes and interest on home } & 7,000 \
\text { Legal fees incurred in a tax dispute } & 1,000 \
\text { Medical expenses } & 3,000 \
\text { Penalty on early withdrawal of savings } & 250
\end{array}$
Her AGI is:
a. $ \$ 39,750 $.
b. $ \$ 49,750 $.
c. $ \$ 40,000 $.
d. $ \$ 39,750 $.
e. $\text { None of the ahove }$

Marsha Is Single, Had Gross Income of $50,000, and Incurred