Question: John files a return as a single taxpayer. In 2018, he had the following items: Salary of $40,000. Loss of $65,000 on the sale of

John files a return as a single taxpayer. In 2018, he had the following items:

Salary of $40,000.

Loss of $65,000 on the sale of 1244 stock acquired two years ago. Interest income of $6,000.

Determine John's AGI for 2018.

a. ($5,000).

B $0.

C. $45,000.

d. $51,000.

e. None of the above

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