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In 2018, Catherine had a negative AGI of $20,500 and used a $12,000 standard deduction. Her total nonbusiness income reported on her 2018 Form 1040
In 2018, Catherine had a negative AGI of $20,500 and used a $12,000 standard deduction. Her total nonbusiness income reported on her 2018 Form 1040 is $2,500. Her 2018 adjustments and deductions include: standard deduction of $12,000, educator expense of $250 and $4,500 alimony paid. Compute Catherine's 2018 NOL.
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5. 20,500 12,000 erine had a negative Adl of $20,800 and used a $12,000 standard deduction. Har total nonbusiness er 2018 Form 1040 is 82,600. Her 2018 adjustments and deductions include: standard deduction on ense of $250, and $4,600 alimony paid, Compute Catherine's 2018 NOL. / 2,500 4,500 low up 5. 20,500 12,000 erine had a negative Adl of $20,800 and used a $12,000 standard deduction. Har total nonbusiness er 2018 Form 1040 is 82,600. Her 2018 adjustments and deductions include: standard deduction on ense of $250, and $4,600 alimony paid, Compute Catherine's 2018 NOL. / 2,500 4,500 low upStep by Step Solution
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