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Jacob and Joria are married and file a joint return. They have the following items for the current year: $345,000 136,000 Salaries Loss on sale
Jacob and Joria are married and file a joint return. They have the following items for the current year: $345,000 136,000 Salaries Loss on sale of $ 1244 stock acquired 15 years ago Gain on sale of 1244 stock acquired ten months ago Nonbusiness bad debt Business bad debt 44,000 12,000 23,000 Determine their AGI for the current year
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