Nell, single and age 38, had the following income and expense items in 2019: Nonbusiness bad debt.........................................$
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Nell, single and age 38, had the following income and expense items in 2019:
Nonbusiness bad debt.........................................$ 6,000
Business bad debt....................................................2,000
Nonbusiness long-term capital gain......................4,000
Nonbusiness short-term capital loss......................3,000
Salary........................................................................50,000
Interest income.........................................................3,000
Determine Nell’s AGI for 2019.
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Related Book For
South-Western Federal Taxation 2020 Comprehensive
ISBN: 9780357109144
43rd Edition
Authors: David M. Maloney, William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman
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