John files a return as a single taxpayer.In 2017, 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 2017.

Question

John files a return as a single taxpayer.In 2017, 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 2017.

Quizplus · Accepted Answer

The Answer of John files a return as a single taxpayer.In 2017, 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 2017.

John Files a Return as a Single Taxpayer