Nora,single,had the following income and deductions for 2014:
Sales ^{$ 50,000}
Business expenses ^(100,000)
Alimony received ^30,000
Interest income ^1,000
Dividends ^2,000
Nonbusiness capital gains ^4,000
§ 1244 stock loss ^(18,000)
Itemized deductions ^(4,000)
Business capital loss ^(2,000)
Business capital gain ^1,000
Compute Nora's net operating loss for 2014.

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The Answer of Nora,single,had the following income and deductions for 2014: Sales ^{$ 50,000} Business expenses ^(100,000) Alimony received ^30,000 Interest income ^1,000 Dividends ^2,000 Nonbusiness capital gains ^4,000 § 1244 stock loss ^(18,000) Itemized deductions ^(4,000) Business capital loss ^(2,000) Business capital gain ^1,000 Compute Nora's net operating loss for 2014.

Nora,single,had the Following Income and Deductions for 2014