Brad, a stockbroker, earned $250000 from his investment advisory practice in 2017. He also had $30,000 of interest and dividends income during the year. He is a partner in another tax planning business in which he materially participates, which had a loss of $50000 in 2017. Bill's at risk amount is $100,000. What is Bill's AGI for 2017?

Answer rating: 100% (QA)

Bills AGI is calculated by adding his earned income and other sou... View the full answer