{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-22T19:03:13-04:00", "answer_date": "2024-05-22 19:03:13", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1527004", "url": "\/study-help\/questions\/during-2022-rick-and-his-wife-sara-had-the-following-1527004", "question_creation_date_js": "2024-05-22T19:03:13-04:00", "question_creation_date": "May 22, 2024 07:03 PM", "meta_title": "[Solved] During 2022, Rick and his wife, Sara, had | SolutionInn", "meta_description": "Answer of - During 2022, Rick and his wife, Sara, had the following items of income and expense to report: Gross receipts from bus | SolutionInn", "meta_keywords": "2022,rick,wife,sara,items,income,expense,report,gross,receipts,business,expenses", "question_title_h1": " During 2022, Rick and his wife, Sara, had the following items of income and expense to report: Gross receipts from business Business expenses Interest", "question_title": " During 2022, Rick and his wife, Sara, had the following items", "question_title_for_js_snippet": "During 2022, Rick and his wife, Sara, had the following items of income and expense to report Gross receipts from business Business expenses Interest income from bank savings accounts Sara's salary Long term capital gain on stock held as an investment Itemized deductions $400,000 525,000 8,000 50,000 4,000 $15,000 a Assuming that Rick and Sara file a joint return, what is their taxable income (or loss) for 2022 If required, use the minus sign to indicate a loss Adjusted gross income loss Taxable income loss 63,000 88,100 X", "question_description": "\"image", "transcribed_text": "During 2022, Rick and his wife, Sara, had the following items of income and expense to report: Gross receipts from business Business expenses Interest income from bank savings accounts Sara's salary Long-term capital gain on stock held as an investment Itemized deductions $400,000 525,000 8,000 50,000 4,000 $15,000 a. Assuming that Rick and Sara file a joint return, what is their taxable income (or loss) for 2022? If required, use the minus sign to indicate a loss. Adjusted gross income\/loss Taxable income\/loss -63,000 -88,100 X", "related_book": { "title": "Cost Accounting A Managerial Emphasis", "isbn": "8120335643, 136126634, 978-0136126638", "edition": "13th Edition", "authors": "Charles T. Horngren, Srikant M.Dater, George Foster, Madhav", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/24.jpg", "uri": "\/textbooks\/cost-accounting-a-managerial-emphasis-13th-edition-24", "see_more_uri": "" }, "free_related_book": { "isbn": "0367466473", "uri": "\/textbooks\/an-introduction-to-condensed-matter-physics-for-the-nanosciences-1st-edition-978-0367466473-290677", "name": "An Introduction To Condensed Matter Physics For The Nanosciences", "edition": "1st Edition" }, "question_posted": "2024-05-22 19:03:13", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/the-preferred-stock-of-walter-industries-inc-currently-sells-for", "description": "The preferred stock of Walter Industries Inc. currently sells for $36 a share and pays $2.50 in dividends annually. 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