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In 2016, Marilyn had total nonbusiness income of $1,250. Her 2016 adjustments and deductions include: Deductible IRA contribution of $4,000 Property taxes of $1,083 Real
In 2016, Marilyn had total nonbusiness income of $1,250. Her 2016 adjustments and deductions include:
Deductible IRA contribution of $4,000
Property taxes of $1,083
Real estate tax of $1,831
Mortgage interest of $3,914
Employee business expenses of $874
Charitable contributions of $614
Using the adjustments and deductions listed above, compute the net operating loss (NOL) nonbusiness deductions in excess of nonbusiness income modification.
$6,192
$10,192
$10,452
$11,066
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