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an individual taxpayer has the following property transactions during the current year personal automobile owned 3 years 8,000 loss on sales business equipment owned 3
an individual taxpayer has the following property transactions during the current year
personal automobile owned 3 years 8,000 loss on sales
business equipment owned 3 years 11,200 gain on sale
factoring of receivables 12,400 loss
common stock owned 7 months 7,000 gain on stock
how does those transactions affect the individual's AGI?
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