Question: John files a return as a single taxpayer. In 2022, 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 2022, 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 Johns AGI.
A.
($5,000)
B.
$0
C.
$45,000
D.
$51,000
E. None of these.
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