Nell, single and age 38, had the following income and expense items in 2014: Non-business bad debt

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Nell, single and age 38, had the following income and expense items in 2014:
Non-business bad debt .................................... $ 6,000
Business bad debt ............................................ 2,000
Non-business long-term capital gain ...................... 4,000
Non-business short-term capital loss ...................... 3,000
Salary ......................................................... 50,000
Interest income ................................................ 3,000
Determine Nell's AGI for 2014?
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Related Book For  answer-question

South Western Federal Taxation 2015

ISBN: 9781305310810

38th Edition

Authors: William H. Hoffman, William A. Raabe, David M. Maloney, James C. Young

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