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In 2022, Jen, a single individual, reported the following items of income and deduction: Requirement Jen owns 100% and is an active participant in the

In 2022, Jen, a single individual, reported the following items of income and deduction: Requirement Jen owns 100% and is an active participant in the rental real estate activity. What is her taxable income for 2022? Items of Income and Deduction Begin by determining whether Jen is entitled to a deduction for rental real estate activities. (Enter " 0 " if The deduction for rental real estate losses is Now determine the taxable income for 2022 . Begin by calculating the adjusted gross income (AGI)

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