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During 2019, George receives a $60,000 salary and has no deductions for AGI. In 2018, George had a $5,500 STCL and no other capital losses
During 2019, George receives a $60,000 salary and has no deductions for AGI. In 2018, George had a $5,500 STCL and no other capital losses or capital gains. Consider the following sales. (Click the icon to view the sales.) Requirement Determine George's AGI for 2019. (Assume that the 2018 STCL of $5,500 is before George has taken any capital loss deduction in 2018. Complete all input fields. Enter a "0" for any zero-balances.) 2019 Salary Net short-term capital gain (loss) Net long-term capital gain (loss) Total AGI
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