During 2010, Sylvia had the following transactions: Salary....................... $90,000 Capital loss from a stock investment ............ (4,000)
Question:
During 2010, Sylvia had the following transactions:
Salary....................... $90,000
Capital loss from a stock investment ............ (4,000)
Moving expense to change jobs ............ (11,000)
Received repayment of $20,000 loan she made to
her brother in 2006 (includes interest of $2,000)...... 22,000
State income taxes..................... (5,000)
Sylvia's AGI is:
a. $73,000
b. $77,000
c. $78,000
d. $81,000
e. $89,000
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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