Multiple Choice
John files a return as a single taxpayer.In 2019, 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 2019.
A) ($5,000) .
B) $0.
C) $45,000.
D) $51,000.
E) None of these.
Correct Answer:
Verified
Correct Answer:
Verified
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