Question: Review Examples 50 and 52 in the text. In both examples, the taxpayer's AGI is $129,400 even though in Example 52 there is $700 of

Review Examples 50 and 52 in the text. In both examples, the taxpayer's AGI is $129,400 even though in Example 52 there is $700 of non-recaptured § 1231 loss from 2014. Explain why the two AGI amounts are the same?

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