What is Thomas's adjusted gross income reported on his Form 1040?

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Thomas's adjusted gross income (AGI) is found on his Form 1040, which represents his total income after specific deductions are applied. The AGI is an important figure as it determines eligibility for various credits and deductions.

In this case, the reported amount of $41,104 is likely derived from summing up Thomas's total income sources, which might include wages, interest, dividends, and any other taxable income, and then subtracting any adjustments such as educator expenses, student loan interest deductions, or contributions to retirement accounts. This leads to the finalized adjusted gross income that is reported on the tax return.

The specific amount of $41,104 falls within a plausible range for someone’s AGI, reflecting common income levels reported on a Form 1040, especially in light of typical deductions. The other figures do not align with the necessary calculations or expected ranges for AGI based on typical income sources and deductions.

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