33. Jennifer, a single individual, has a $20,000 loss from an S corporation, $11,000 salary from a...

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33. Jennifer, a single individual, has a $20,000 loss from an S corporation,

$11,000 salary from a part-time job, and $2,000 of interest income. Her itemized deductions include $4,000 mortgage interest, $2,800 in taxes, and

$500 in charitable contributions. Compute Jennifer’s net operating loss.

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Taxation For Decision Makers

ISBN: 9781118091555

2012 Edition

Authors: Shirley Dennis Escoffier

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