Francisco, a single taxpayer, has income from his W-2 of $93,250. He also has a short-term capital

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Francisco, a single taxpayer, has income from his W-2 of $93,250. He also has a short-term capital loss of $7,311 a short-term capital gain of $2,100, and a long-term capital gain of $4,680. What is Francisco’s AGI for 2017?

a. $92,719.

b. $93,250.

c. $95,350.

d. $100,030.

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Fundamentals Of Taxation 2018

ISBN: 9781259713736

11th Edition

Authors: Ana M. Cruz Dr., Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler

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Question Posted: Nov 19, 2018 12:43 PM

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Francisco, a single taxpayer, has income from his W-2 of $93,250. He also has a short-term capital loss of $7,311 a short-term capital gain of $2,100, and a long-term capital gain of $4,680. What is...
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Francisco, a single taxpayer, has income from his W-2 of $93,250. He also has a short-term capital

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Fundamentals Of Taxation 2018

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