Assume that in addition to the information in Problem 43, Nell had the following items in 2014:

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Assume that in addition to the information in Problem 43, Nell had the following items in 2014:
Personal casualty gain on an asset held for four months ................ $10,000
Personal casualty loss on an asset held for two years ...................... 1,000
Determine Nell's AGI for 2014?
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South Western Federal Taxation 2015

ISBN: 9781305310810

38th Edition

Authors: William H. Hoffman, William A. Raabe, David M. Maloney, James C. Young

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