Assume that in addition to the information in Problem 43, Nell had the following items in 2015:
Question:
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 2015.
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Salary 50000 Interest income 3000 Business bad debt 2000 Nonbusiness bad debt 6000 Shortterm capit...View the full answer
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Related Book For
South Western Federal Taxation 2016 Comprehensive
ISBN: 9781305395114
39th Edition
Authors: James H. Boyd, William H. Jr. Hoffman, David M. Maloney, William A. Raabe, James C. Young
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