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Halal has the following for 2019: $103,000 salary, $5,000 dividend income, $4,000 interest income on the city of San Antonio bonds, a gain of $11,000
Halal has the following for 2019: $103,000 salary, $5,000 dividend income, $4,000 interest income on the city of San Antonio bonds, a gain of $11,000 on a stock sale, $3,500 traditional IRA contribution, and a $3,000 operating loss on a small sole proprietorship that he owns.
What is Halas AGI
A.
$119,000.
B.
$115,500.
C.
$112,500.
D.
$116,00.
E.
some other amount.
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