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QUESTION 14 Harvey, a physician, carns $200,000 from his medical practice in the current year. He receives $40,000 in dividends and interest during the year
QUESTION 14 Harvey, a physician, carns $200,000 from his medical practice in the current year. He receives $40,000 in dividends and interest during the year as well as 55,000 of income from a pustive activity. In addition, he incursalons of $50,000 from an investment in a passive activity. What is Harvey's AGI for the current year after considering the passive investment? a $195,000 O $200,000 Oc$240,000 O d. $245,000 O None of the above
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