US tax law

John files a return as a single taxpayer. In 220, he had the following items: Salary of $40,000. Loss of $65,000 on the sale of 1244 stock acquired two years ago. Interest income of $6,000. Determine Johns AGI for 2019 and indicate amounts and types of any carryforwards to future years.

Salary 40,000

Interest Income 6,000

Ordinary Loss (50,000)

LTGL (3,000) - 3,000 of the 15,000

LTCL Standard Deduction 2020 (12,550)

Taxable Income (19,550) - Carryforward !6,550 of Ordinary Loss Plus 3,000 LTGL for 2020