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Exercise 7-30 (Algorithmic) (LO. 7) Phillis and Trey are married and file a joint tax return. For 2020, they have 517,750 of nonbusiness plin, 17.100

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Exercise 7-30 (Algorithmic) (LO. 7) Phillis and Trey are married and file a joint tax return. For 2020, they have 517,750 of nonbusiness plin, 17.100 of nonbusine capital losses, $1,775 of interest Income, and no itemized deductions. The standard deduction for married iting joy 2430 for 2020 Based on these transactions, to arrive at the NOL, Phills and Trey's taxable income must be adjusted by s Ne Photo Car My Work uses remaining. Save and Submit Agroment for

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