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In addition to his salary, Peter realizes a $1,000 capital gain and a $(5,000) capital loss. After netting, how will these transactions affect Peter's current
In addition to his salary, Peter realizes a $1,000 capital gain and a $(5,000) capital loss. After netting, how will these transactions affect Peter's current year AGI ?
Group of answer choices
$ (3,000) decrease
$ -0-
$ (4,000) decrease
$ 1,000 increase
None of these.
$ (5,000) decrease
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