Question
Taxpayer T (T) owned a passive investment which generated a $12,000 loss during the year. In addition, T had $400,000 salary, $6,000 of income from
Taxpayer T ("T") owned a passive investment which generated a $12,000 loss during the year. In addition, T had $400,000 salary, $6,000 of income from an investment in a seperate passive investment, and $ 4000of interest from a corporate bond. what is T's AGI?
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General Accounting Financial Accounting
Authors: Bbc Kikumbi Mwepu
1st Edition
6206329488, 978-6206329480
