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Fundamentals of Taxation 2011 4th Edition by Ana Cruz, Debra Prendergast, Dan Schisler, Michael Deschamps
Edition 4ISBN: 978-0078110993Fundamentals of Taxation 2011 4th Edition by Ana Cruz, Debra Prendergast, Dan Schisler, Michael Deschamps
Edition 4ISBN: 978-0078110993 Exercise 66
Karen, a single taxpayer, has income from her W-2 of $60,000. She also has a short-term capital loss of $8,000, a short-term capital gain of $3,000, and a long-term capital gain of $4,000. What is Karen's AGI for 2010? a. $59,000.
B) $61,000.
C) $64,000.
D) $67,000.
B) $61,000.
C) $64,000.
D) $67,000.
Explanation
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Fundamentals of Taxation 2011 4th Edition by Ana Cruz, Debra Prendergast, Dan Schisler, Michael Deschamps
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