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Jose, single, had the following items for 2018: Salary 44,000 1244 loss on stock acquired 3 years ago (70,000) 1244 gain on stock acquired 10
Jose, single, had the following items for 2018:
Salary 44,000
1244 loss on stock acquired 3 years ago (70,000)
1244 gain on stock acquired 10 months ago 26,000
Worthless security purchased on June of last year (4,000)
Nonbusiness bas debt (7,000)
Interest Income 8,000
Compute Jose's adjusted gross income for 2018
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