Question: 4. John files a return as a single taxpayer. In 2019, he had the following items: Salary of $30,000. Loss of $65,000 on the sale

4. John files a return as a single taxpayer. In 2019, he had the following items:

  • Salary of $30,000.

  • Loss of $65,000 on the sale of Section 1244 stock acquired two years ago.

  • Interest income of $6,000.

    In 2020, John again files a return as a single taxpayer and had the following items:

    Salary of $114,000 Loss of $55,000 on the sale of Section 1244 stock acquired three years ago. Capital gain of $22,000 on the sale of publicly traded stock purchased one year ag

    Determine Johns AGI for 2019 and 2020 (assume these are the only transactions, no other carryovers etc...) a. $0 and $50,000 b. $0 and $52,000 c. $6,000 and $64,00

    d. $36,000 and $64,000 e. None of a through d is correct

plz answer this!

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