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Mr . and Mrs . Morris own a grocery store as a sole proprietorship. Their net profit and other relevant items for the year are
Mr and Mrs Morris own a grocery store as a sole proprietorship. Their net profit and other relevant items for the year are as follows:
Grocery store net profit $
Deduction for SE tax
Dividends and interest income
Loss from a rental house
Loss from a limited partnership interest
Required:
Compute Mr and Mrs Morriss AGI.
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