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Mr . and Mrs . Revel had $ 2 0 6 , 2 0 0 AGI before considering capital gains and losses. Required: For each
Mr and Mrs Revel had $ AGI before considering capital gains and losses.
Required:
For each of the following cases, compute their AGI:
a On May they recognized an $ shortterm capital gain. On June they recognized a $ longterm capital loss.
b On February they recognized a $ longterm capital gain. On November they recognized a $ longterm capital loss.
c On April they recognized a $ longterm capital loss. On September they recognized a $ shortterm capital loss.
d On January they recognized a $ shortterm capital loss. On July they recognized a $ longterm capital gain.
tableAmounta AGI,b AGI,c AGI,d AGI,
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