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undefined Listen Susan, a single individual, Feports the following taxable items in 2020: Gross income from business Minus: Business expenses $ 90,000 ( 107.000) ($
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Listen Susan, a single individual, Feports the following taxable items in 2020: Gross income from business Minus: Business expenses $ 90,000 ( 107.000) ($ 17,000) 1.000 ($ 16,000) Interest income AGI Greater of Itemized deductions: Interest expense State Income Taxes Casualty Total itemized deductions Taxable income $ 6,000 7,000 2,000 15,000 ($31.000) What is Susan's NOL for the yearStep by Step Solution
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