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Question 36 Not yet answered Points out of 1.0 George is single and has a salary of $903,000 in 2019. He purchased land in 2002

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Question 36 Not yet answered Points out of 1.0 George is single and has a salary of $903,000 in 2019. He purchased land in 2002 for $1,000,000, which he contributed to his local church in 2019. The fair market value of the contributed land was $1,200,000 in 2019. In 2019, he pays home mortgage interest of $35,000 on his personal residence. The home, purchased in 2015, had a $1,000,000 mortgage obtained in 2015. His property tax on his personal residence is $10,000. He has a short-term capital gain of $2,000, a long-term capital gain of $7,000 and a short-term capital loss of $15,000. His state income tax is $18,000. What is George's taxable income? P Flag question Select one: O a. $585,000 b. $567,000 c. $315,000 O d. None of the choices listed are correct. . $582,900

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