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Liz,who Is Single,lives in a Single Family Home and Owns

Question 17

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Liz,who is single,lives in a single family home and owns a second single family home that she rented for the entire year at a fair rental rate.Liz had the following items of income and expense during the current year. Income:
Liz,who is single,lives in a single family home and owns a second single family home that she rented for the entire year at a fair rental rate.Liz had the following items of income and expense during the current year. Income: Expenses: What is her adjusted gross income for the year? A) $52,700 B) $61,100 C) $62,200 D) $68,000 Expenses:
Liz,who is single,lives in a single family home and owns a second single family home that she rented for the entire year at a fair rental rate.Liz had the following items of income and expense during the current year. Income: Expenses: What is her adjusted gross income for the year? A) $52,700 B) $61,100 C) $62,200 D) $68,000 What is her adjusted gross income for the year?


A) $52,700
B) $61,100
C) $62,200
D) $68,000

Correct Answer:

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