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John files a return as a single taxpayer. In 2015, he had the following items: Salary of $140,000. Loss of $65,000 on the sale of
John files a return as a single taxpayer. In 2015, he had the following items:
Salary of $140,000. | |
Loss of $65,000 on the sale of 1244 stock acquired two years ago. | |
Interest income of $6,000. |
Determine Johns AGI for 2015.
a. | $96,000. | |
b. | $80,000. | |
c. | $143,000. | |
d. | $81,000. | |
e. | None of the above. |
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