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During the current year Sam Marzella a married taxpayer who files a joint return reports the following items of income and loss: AGI consisting of
During the current year Sam Marzella a married taxpayer who files a joint return reports the following items of income and loss: AGI consisting of salary income of $100000 and a rantal real estate loss of $15000. Sam actively participates in the rental activity. Determine Sams AGI for the current year.
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