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MrAnd MrsPhilips Recognized the Following Capital Gains and Losses This Year

Question 72

Multiple Choice

Mr.and Mrs.Philips recognized the following capital gains and losses this year. Mr.and Mrs.Philips recognized the following capital gains and losses this year. Their AGI before consideration of these gains and losses was $140,000.Compute their AGI. A) $140,000 B) $131,000 C) $137,000 D) $143,000 Mr.and Mrs.Philips recognized the following capital gains and losses this year. Their AGI before consideration of these gains and losses was $140,000.Compute their AGI. A) $140,000 B) $131,000 C) $137,000 D) $143,000 Their AGI before consideration of these gains and losses was $140,000.Compute their AGI.


A) $140,000
B) $131,000
C) $137,000
D) $143,000

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