Mr. Lynch had the following items of financial support this year. Unemployment compensation ...................................................................... $ 9,279 State

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Mr. Lynch had the following items of financial support this year.

Unemployment compensation ...................................................................... $ 9,279
State welfare payments ...................................................................................   4,060
Food stamps .....................................................................................................   1,948
Proceeds from a life insurance policy on his deceased wife ...................... 50,000
Compute Mr. Lynch’s AGI.

Assume the taxable year is 2018.

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Principles Of Taxation For Business And Investment Planning 2019 Edition

ISBN: 9781260161472

22nd Edition

Authors: Sally Jones, Shelley C. Rhoades Catanach, Sandra R Callaghan

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