Alice has $ $42$ comma $000$$$42,000$ Adjusted gross income$($AGI$)$ without considering the following information. During the$$ year, she incurs a$$ long$-$term capital loss$($LTCL$)$ of $ $14$ comma $000$$$14,000$ and has a gain of $ $21$ comma $000$$$21,000$ due to the sale of a capital asset held for more than a year.

Read the requirements. LOADING...

Question content area bottom

Part $1$

Requirement a$.$ If the $ $21$ comma $000$$$21,000$ gain is not properly classified as a$$ long$-$term capital gain$($LTCG$)($i$.$e$.,$ is improperly treated as an ordinary$$ gain$),$ determine AliceAlice$\text{'}$s AGI.

Alice's AGI

Part $2$

Requirement b$.$ If the $ $21$ comma $000$$$21,000$ gain is properly classified as an$$ LTCG$,$ determine her AGI.

Alice's AGI

Part $3$

Requirement c$.$ If AliceAlice has a $ $2$ comma $000$$$2,000$short$-$term capital loss$($STCL$)$ carryover from earlier$$ years, how would the answers to Parts a and b be$$ affected?

Part a

Part b

Alice's AGI with STCL carryover