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please show the work 4. Tammi had the following capital gains and losses from transactions in 2020: Sold stock in ABC Corporation (acquired three years
please show the work
4. Tammi had the following capital gains and losses from transactions in 2020: Sold stock in ABC Corporation (acquired three years ago) ($1,800) Sold stock in CVS Corporation (acquired two years ago) 2,000 Sold stock in XYZ Corporation (acquired 7 months ago) ($4,200) Sold stock in LMN Corporation (acquired two years ago) 700 Determine Tammi's net capital gain or loss as a result of these transactions. 5. Compute the AGI for 2020 for Allison, age 42, based on the following information: Salary $75,000 Interest on bonds issued by City of Boston 3,200 Interest from Xerox bonds 700 Alimony payments received (divorced finalized 1/12/15) 6,200 Gift from parents 12,000 Short term capital gain from stock sale 300 Amount lost on Super Bowl office pool 100Step by Step Solution
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