Bevedy earned a S75,000 salary and recognized a $7,200 loss on the sale of corporate stock this

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Bevedy earned a S75,000 salary and recognized a $7,200 loss on the sale of corporate stock this year. Compute her AGI in each of the following independent cases.
a. Beverly had no other capital transactions this year.
b. Beverly recognized a $13,500 captai gain on the sale of mutual fund shares.
c. Beverly received a $9500 capital gain distribution from a mutual fund and had a $3,200 capital loss carryforward from a previous year.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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