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16. During the year, Mark reports $90,000 of active business income from his law practice. He albo owns two passive activities. From Activity A, he

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16. During the year, Mark reports $90,000 of active business income from his law practice. He albo owns two passive activities. From Activity A, he earns $20,000 of income, and from Activity B, he incurs a $30,000 loss. As a result, Mark A) reports AGI of $80,000. B) reports AGI of $90,000 with a $10,000 passive loss carryover C) reports AGI of $90,000 with a $30,000 passive loss carryover D) reports AGI of $110,000 with a $3 0,000 passive loss carryover. 18. Deductions for adjuste d gross income include the amounts paid for all of the following except A) alimony paid. B) home mortgage interest. C) student loan interest. D) business expenses. 19. In 2018 Sela traveled from her home in Flagstaff to San Francisco to seek medical care. Be she was unable to travel alone, her mother accompanied her. Total expenses incurred related t travel included: Hotel rooms ($150 x 2 rooms x 3 nights) Total mileage, 1,000 miles Doctors bills in San Francisco $900 The total qualified medical expenses are A) $1,600 B) $2,080 C) $2,500. D) $2,680. aj operates a consulting firm and uses the cash-based method for tax returns.Taj es for a client and sends the client a bill for $12,000. Six months later, before pa ed by Taj, the client files bankruptcy, with no assets available for unsecured cr aj will deduct

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