Question: . Marsha Brady, a lawyer, whose filing status is single, is not blind, is under the age of 6 5 , and has 1 dependent,
Marsha Brady, a lawyer, whose filing status is single, is not blind, is under the age of and has dependent, operates a small pottery business in her spare time.
Net revenue from sale of pottery
$
Expenses from sale of pottery:
Depreciation on potter's wheel
Property taxes on her pottery shed
Supplies used such as clay, etc.
In addition, she had salary of $ and itemized deductions, not including any listed above, of $
a During if Marsha classified the above income and expenses from this activity as a hobby:
What is the amount of Marshas AGI in
AGI: Salary Hobby Income
$
What is the amount of Marshas taxable income in ignoring any qualified business income deduction
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