Question: 15. Doyle has gambling losses totaling $7,000 during the current year. Doyles adjusted gross income is $60,000, including $3,000 in gambling winnings. Doyle can itemize

15. Doyle has gambling losses totaling $7,000 during the current year. Doyle’s adjusted gross income is $60,000, including $3,000 in gambling winnings. Doyle can itemize the deductions. What amount of gambling losses is deductible?

a. $0

b. $3,000

c. $5,800

d. $7,000

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