Nell, single and age 38, had the following income and expense items in 2015: Nonbusiness bad debt.............................$

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Nell, single and age 38, had the following income and expense items in 2015:
Nonbusiness bad debt.............................$ 6,000
Business bad debt....................................2,000
Nonbusiness long-term capital gain...............4,000
Nonbusiness short-term capital loss...............3,000
Salary.................................................50,000
Interest income.......................................3,000
Determine Nell's AGI for 2015.
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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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