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In 2022, Sylvia, a single individual, reported the following items of income and deduction: View the standard deduction amounts View the items of income and

In 2022, Sylvia, a single individual, reported the following items of income and deduction: View the standard deduction amounts View the items of income and deduction. Requirement Sylvia owns 100% and is an active participant in the rental real estate activity. What is her taxable income for 2022? Begin by determining whether Sylvia is entitled to a deduction for rental real estate activities. (Enter "0" if Sylvia is not eligible for the deduction.) The deduction for rental real estate losses is Now determine the taxable income for 2022. Begin by calculating the adjusted gross income (AGI). Adjusted gross income (AGI) Now calculate the itemized deductions
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In 2022, Sylvia, a single individual reported the following items of income and deduction: Yisw the iform of insome end dectuction. View the standard deduction amounts. Requirement Symia owns 100% and is an active participant in the rental roal estate activity What is her taxable income for 2022 ? Begin by determining whether Syhi is entited to a deduction for rantal real estate activites. (Enter " ' if Symia is not oligible lor the dectuction) Now detecinine the taxable inconte for 2022 Begin by calculating the adjusted gross income (AG1) Now calculate the alervized deductions Now calculate the itemized deductions. Total itemized deductions Compute her taxable income for 2022 Adjusted gross income (AG) Minusi Deductions from AGI Taxable income Now calculate the itemized deductions. Charitable contributions Interest income Investment interest expense Mortgage interest Net long-term capital gain Net short-term capital loss Passive activity loss Property taxes on residence Standard Deduction Amounts Items of Income and Deduction

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