An individual had salary income and capital gains and losses as follows: Tax Year: 2019 2020...
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An individual had salary income and capital gains and losses as follows: Tax Year: 2019 2020 2021 Salary $120,000 $130,000 $140,000 Long-term capital gain $14,000 $2,000 $1,000 Short-term capital loss ($18,000) ($3,500) $0 She has no deductions for AGI, other than capital losses. What is her AGI for 2020? $119,000 $127,500 $118,000 O $120,000 An individual had salary income and capital gains and losses as follows: Tax Year: 2019 2020 2021 Salary $120,000 $130,000 $140,000 Long-term capital gain $14,000 $2,000 $1,000 Short-term capital loss ($18,000) ($3,500) $0 She has no deductions for AGI, other than capital losses. What is her AGI for 2020? $119,000 $127,500 $118,000 O $120,000
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Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-0077905200
3rd edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
Posted Date:
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