sam and nancy are married and file a joint tax return every year since 2002. in 2011 their AGI before taking any capital loss into consideration was 75000. sam and nancy had a capital loss in 2011 of 20000 . their only potential itemized deduction in 2011 was state and local income taxes of 11600. in 2012 they had the following transactions for tax purposes:

wage 90000

long term capital gain 12000

IRC section 1244 loss 10000

state income tax refund 5000

how much capital loss is included ? and what is the 2012 AGI ?