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Sally has the following income and loss: Salary of $42,000 Interest income of $2,000 Passive income from Acme Limited Partnership of $4,000 Passive loss from
Sally has the following income and loss: Salary of $42,000 Interest income of $2,000 Passive income from Acme Limited Partnership of $4,000 Passive loss from Beta Limited Partnership of $5,000 How much adjusted gross income will be reported on her tax return? O a. $41,000 O b. $44,000 O c. $48,000 O d. $43,000
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