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Question 47 of 50. In 2017, Donna had total nonbusiness income of $1,250. Her 2017 adjustments and deductions include: Deductible IRA contributions of $4,000. Property
Question 47 of 50.
In 2017, Donna had total nonbusiness income of $1,250. Her 2017 adjustments and deductions include:
Deductible IRA contributions of $4,000.
Property taxes of $1,116.
Real estate tax of $1,812.
Mortgage interest of $4,214.
Employee business expenses of $919.
Charitable contributions of $884.
Using the adjustments and deductions listed above, compute the net operating loss (NOL) nonbusiness deductions in excess of nonbusiness income modification.
$7,695
$10,776
$10,811
$11,695
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