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Please be claer in how to get the answers that are on Red During the current year, Alexa, a married individual who files a joint
Please be claer in how to get the answers that are on Red
During the current year, Alexa, a married individual who files a joint return, reports the following items of income and loss: (Click on the icon to view the income and loss items.) Requirements a. What is Alexa's AGI for the year? b.What is the amount of suspended losses (if any) that may be carried over with respect to each activity? Requirement a. What is Alexa's AGI for the year? Alexa's AGI for the year is 129,000 Requirement b. What is the amount of suspended losses (f any) that may be carried over with respect to each activity? (Do not round intermediary calculations.) Suspended loss Activity Y Activity Z 17,250 5,750Step by Step Solution
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