Question
In 2014, Tim, a single taxpayer, has ordinary income of $30,000. In addition, he has $2,000 in short-term capital gains, long-term capital losses of $5,000,
In 2014, Tim, a single taxpayer, has ordinary income of $30,000. In addition, he has $2,000 in short-term capital gains, long-term capital losses of $5,000, and long-term capital gains of $4,000. What is Tim's AGI for 2014? a. $28,000 b. $30,000 c. $31,000 d. $32,000
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Accounting For Non-Accounting Students
Authors: John R. Dyson, Ellie Franklin
9th Edition
978-1292128979, 1292128976
