Question
I n 2021, Johnny-Lu had the following transactions: Salary $92,000 Short-term capital gain from a stock investment 6,000 Moving expense to change jobs (11,000) Receipt
I n 2021, Johnny-Lu had the following transactions:
| Salary | $92,000 |
| Short-term capital gain from a stock investment | 6,000 |
| Moving expense to change jobs | (11,000) |
| Receipt of repayment of $20,000 loan she made to her sister in 2015 (includes no interest) | 20,000 |
| State income taxes | (5,000) |
Johnny-Lus AGI is:
| a. | $103,000. | |
| b. | $98,000. | |
| c. | $94,000. | |
| d. | $83,000. |
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Dk Essential Managers Understanding Accounts
Authors: Stephen Brookson, Adele Hayward
1st Edition
0789471493, 978-0789471499
