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What is the taxpayer's statutory income based on the following: Salary received: $75,000; rent received: $15,000; net capital gain: $5,000; Interest received: $3,000 compensation (for
What is the taxpayer's statutory income based on the following:
Salary received: $75,000;
rent received: $15,000;
net capital gain: $5,000;
Interest received: $3,000
compensation (for loss of wages) received: $9,000.
Question 10Answer
a.
$14,000
b.
$102,000
c.
$90,000
d.
$5,000
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