Question 7 options:

For the current year, Kathy has salary of 30,000. In addition, she has the following capital transactions:

Long-term capital gain (15%) 12,000

Short-term capital gain 8,000

Long-term capital loss (28%) (2,000)

Short-term capital loss (10,000)

What is her adjusted gross income for the year? (type a number with no $ or ,)

AGI =

What will be her AGI if she has a short-term capital loss carry-over of 1,000 from last year? (type a number with no $ or ,)

AGI =