Sharon has salary income of $68,000, a net short-term capital gain of $15,000, and a net long-term

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Sharon has salary income of $68,000, a net short-term capital gain of $15,000, and a net long-term capital loss of $24,000. What is Sharon's adjusted gross income if she has no other income items?

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Taxation For Decision Makers 2014

ISBN: 9781118654545

6th Edition

Authors: Shirley Dennis Escoffier, Karen Fortin

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Question Posted: Mar 22, 2016 03:45 AM

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Sharon has salary income of $68,000, a net short-term capital gain of $15,000, and a net long-term

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65000 Netting the 15000 STCG with the 24000 LTCL results in a 900...View the full answer

Taxation For Decision Makers 2014

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