Problem: Let say that a single taxpayer has the following: Salary $120,000 Dividend $15,000 Long...

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Problem: Let say that a single taxpayer has the following: Salary $120,000 Dividend $15,000 Long term capital gain $75,000 Short term capital loss Nonbusiness bad debt $6,000 Section 1244 loss $62,000 What is the amount of the AGI? Problem: Let say that a single taxpayer has the following: Salary $120,000 Dividend $15,000 Long term capital gain $75,000 Short term capital loss Nonbusiness bad debt $6,000 Section 1244 loss $62,000 What is the amount of the AGI

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