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Jennifer, a single individual, reports the following taxable items in 2021: Gross income from business Minus Business expenses Interest income AGI Itemized deductions Interest
Jennifer, a single individual, reports the following taxable items in 2021: Gross income from business Minus Business expenses Interest income AGI Itemized deductions Interest expense $80,000 (107.000) ($ 27,000) 1.000 ($ 26,000) $6,000 State Income Taxes 9.000 Casualty 2.000 Total itemized deductions Taxable income 17.000 ($43.000) What is Jennifer's NOL for the year?
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