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Al is single, age 60, and has gross income of $140,000. His deductible expenses are as follows:
What is Al's AGI?
Public Park
An open space preserved for recreational use by the public, often maintained by a city or municipality.
Duplex
A dwelling consisting of two living units with separate entrances, either side by side or on two different floors.
Lease Agreement
In regard to the lease of goods, an agreement in which one person (the lessor) agrees to transfer the right to the possession and use of property to another person (the lessee) in exchange for rental payments.
Writing
The act or process of producing texts, such as letters, documents, or creative materials, using a pen, pencil, typewriter, or computer.
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