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Danielle earned $80,000 in wages in 2020. She also earned $15,000 in interest income from a bond portfolio. She sold MSFT stock for a gain
Danielle earned $80,000 in wages in 2020. She also earned $15,000 in interest income from a bond portfolio. She sold MSFT stock for a gain of $12,000 that she had purchased in 2011. Unfortunately, she lost $18,000 on the sale of AAPL stock that she had also purchased in 2011. What is her net ordinary income for 2020? a $77,000 b $92,000 c $87,000 d $75,000
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