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sales. During 2021, Greg receives a $45,000 salary and has no deductions for AGI. In 2020, Greg had a $4,500 STCL and no other capital
sales. During 2021, Greg receives a $45,000 salary and has no deductions for AGI. In 2020, Greg had a $4,500 STCL and no other capital losses or capital gains. Consider the following (Click the icon to view the sales.) Requirement Determine Greg's AGI for 2021. (Assume that the 2020 STCL of $4,500 is before Greg has taken any capital loss deduction in 2020. Complete all input fields. Enter a "0" for any zero-balances.) Salary Net short-term capital gain (loss) Net long-term capital gain (loss) Total AGI 2021 More info An automobile purchased in 2016 for $21,800 and held for personal use is sold for $11,000. On April 10, 2021, stock held for investment is sold for $40,000. The stock was acquired on November 20, 2020, for $8,500. Print Done IC
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