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Wu, who is single, reports the following items for 2021: Salary $25,000 Interest income 8,000 Itemized deductions ($27,000 attributable to deductible casualty loss) (32,000)
Wu, who is single, reports the following items for 2021: Salary $25,000 Interest income 8,000 Itemized deductions ($27,000 attributable to deductible casualty loss) (32,000) What is Wu's net operating loss for 2021? Oa. ($1,000) Ob. ($2,000) C. SO Od. ($7,000)
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