Question
John had the following items for income and expenses in Year 1. John files as a single taxpayer. Wage $54,000 Corporate bond Interest income 13,000
John had the following items for income and expenses in Year 1. John files as a single taxpayer.
Wage $54,000
Corporate bond Interest income 13,000
Net capital loss (3,000)
Interest on qualified student loans (3,000)
What is his Modified AGI used to calculate student loan interest deduction?
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Business Security Audit And Review Toolkit The Modern Toolkit For Security And Risk Professionals To Grow Their Business And For The Business Owners.
Authors: L Burke Files, Gamal Newry, Ibrahim Yeku
1st Edition
1674831315, 978-1674831312
