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Exercise 6-9 (Algorithmic) (LO. 9) Noah Yobs, who has $64,600 of AGI before considering rental activities, has $58,140 of losses from a real estate rental
Exercise 6-9 (Algorithmic) (LO. 9) Noah Yobs, who has $64,600 of AGI before considering rental activities, has $58,140 of losses from a real estate rental activity in which he actively participates. He also actively participates in another real estate rental activity from which he has $32,300 of income. He has other passive activity income of $20,672. What is Noah's adjusted gross income for the current year? 59,432 X
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