Question
Mary is 55 and single with no dependents. On October 1, 2022, she sold ABC stock for $10,000, originally purchased 10 years ago for $24,000.
Mary is 55 and single with no dependents. On October 1, 2022, she sold ABC stock for $10,000, originally purchased 10 years ago for $24,000. She had no other capital gains or losses. Her only other income in 2022 is a salary of $75,000 (Box 1 wage on W2 form). What is Line 9, Total Income?
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Forensic Accounting and Fraud Examination
Authors: William Hopwood, george young, Jay Leiner
2nd edition
978-007813666, 78136660, 978-0078136665
