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In 2020 A.J. Smith had the following Capital Transactions: AGI Excluding Capital Transactions $80,000 STCG $10,000 STCL (12,000 LTCG $8,000 LTCL (9,500) LTCL-CF (3,200) REQUIRED:
In 2020 A.J. Smith had the following Capital Transactions: AGI Excluding Capital Transactions $80,000 STCG $10,000 STCL (12,000 LTCG $8,000 LTCL (9,500) LTCL-CF (3,200) REQUIRED: A) Determine the Revised AGI; B) How much (if any) is the Capital Loss CF; C) Indicate the CHARACTER of the Loss CF
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