Question: In 2 0 2 3 , Donna, a single taxpayer ( divorced in 2 0 1 9 ) , reports the following items of income
In Donna, a single taxpayer divorced in reports the
following items of income and expenses:
Income:
Capital gain on an asset held less than one year
Rental income from residential rental house
Expenseslosses:
Interest on principal residence
Real estate taxes on principal residence
Capital loss on an asset held less than one year
Expenses related to rental property
Compute Donna's taxable income. Show all calculations in good form.
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