A taxpayer owns three businesses and rental properties in 2 0 X 1 . During the year,
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Question:
A taxpayer owns three businesses and rental properties in X During the year, the first business, ABC, experienced a $ loss. The taxpayer participated hours in ABC, and the employees worked more than hours. The taxpayer participated less than hours in the second business, XYZ which had a net loss of $ The taxpayer participated over hours in the third business, AZ which had net income of $ The taxpayer also received dividends of $ and interest of $ in X Additionally, the taxpayer had a net loss of $ from rental real estate activities in Xin which the taxpayer actively participated
Compute the taxpayers X AGI
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