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Tammy has the following items for the current year: Nonbusiness capital gains $10,000 Nonbusiness capital losses (2,000) Interest income 7,000 Itemized deductions (none of the
Tammy has the following items for the current year:
Nonbusiness capital gains | $10,000 |
Nonbusiness capital losses | (2,000) |
Interest income | 7,000 |
Itemized deductions (none of the amount realized from a casualty loss) | (9,000) |
In calculating Tammy's net operating loss, and with respect to the above amounts only, what amount must be added back to taxable income (loss)?
$0 | ||
$2,000 | ||
$3,000 | ||
$6,000 |
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