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During the year, Walter had the following transactions: |Salary |$80,000 |Capital loss from a stock investment |(4,000) |Moving expense to change jobs |(10,000) Received repayment
During the year, Walter had the following transactions:
|Salary |$80,000
|Capital loss from a stock investment |(4,000)
|Moving expense to change jobs |(10,000)
Received repayment of $10,000 loan he made to his brother in 2005 (includes interest of $1,000) 11,000
Property taxes on personal residence 2,000 Walter s AGI is:
a. $66,000
b. $68,000
c. $69,000
d. $78,000
e. None of the above
Do not copy from Chegg and give complete answer with explanation
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