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Kaylee Is a Self-Employed Investment Counselor Who Also Owns a Rental

Question 82

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Kaylee is a self-employed investment counselor who also owns a rental property. This year, she collected$85,000 in fees and paid the following expenses: Kaylee is a self-employed investment counselor who also owns a rental property. This year, she collected$85,000 in fees and paid the following expenses:   Kaylee files single with one personal exemption. Calculate her adjusted gross income. Kaylee files single with one personal exemption. Calculate her adjusted gross income.

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$72,514 = $85,000 − $12,486
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