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? = = = 1 aoon San 2 13 . - * Smars or ope N Problem 17-53 (LO. 7) Adrian has a 2020 Form

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= = = 1 aoon San 2 13 . - * Smars or ope N Problem 17-53 (LO. 7) Adrian has a 2020 Form 4797, line 9 gain of $56,000. He also has one transaction on his 2020 Form 1040 Schedule D, Part I-a loss of $58,000. What is Adrian's AGI from these events? Refer to Form 4797 and Schedule D. Line 9 of the 2020 Form 4797 is the net $ 1231 gain that is treated as a Therefore, the $56,000 carries to line 11 of the 2020 Form 1040, Schedule D, where it results in a net of $56,000. That gain is then by the Part 1 $58,000 leaving a net results in a from these events. of . This of $ = = = 1 aoon San 2 13 . - * Smars or ope N Problem 17-53 (LO. 7) Adrian has a 2020 Form 4797, line 9 gain of $56,000. He also has one transaction on his 2020 Form 1040 Schedule D, Part I-a loss of $58,000. What is Adrian's AGI from these events? Refer to Form 4797 and Schedule D. Line 9 of the 2020 Form 4797 is the net $ 1231 gain that is treated as a Therefore, the $56,000 carries to line 11 of the 2020 Form 1040, Schedule D, where it results in a net of $56,000. That gain is then by the Part 1 $58,000 leaving a net results in a from these events. of . This of $

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