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Alice Is an Attorney and Earned $175,000 from Her Practice

Question 70

Multiple Choice

Alice is an attorney and earned $175,000 from her practice in the current year. Alice also owns three passive activities. The activities had the following income and losses: Alice is an attorney and earned $175,000 from her practice in the current year. Alice also owns three passive activities. The activities had the following income and losses: What is Alice's adjusted gross income for the current year? A) $119,000. B) $159,000. C) $175,000. D) $215,000. What is Alice's adjusted gross income for the current year?


A) $119,000.
B) $159,000.
C) $175,000.
D) $215,000.

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