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Ralph Is Single and Reports the Following Items for 2019

Question 101

Multiple Choice

Ralph is single and reports the following items for 2019:  Nonbusiness capital gains $9,000 Nonbusiness capital losses (3,000)  Interest income 6,000 Itemized deductions (none of the amount resulted from a casualty loss)  (10,000) \begin{array} { l r } \text { Nonbusiness capital gains } & \$ 9,000 \\\text { Nonbusiness capital losses } & ( 3,000 ) \\\text { Interest income } & 6,000 \\\text { Itemized deductions (none of the amount resulted from a casualty loss) } & ( 10,000 ) \end{array} In calculating Ralph's net operating loss and with respect to these amounts only, what amount must be added back to taxable income (loss) ?


A) $0
B) $200
C) $2,000
D) $3,000
E) None of these.

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