This year, Linda Moore earned a $112,000 salary and $2,200 interest income from a jumbo...
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Accounting
This year, Linda Moore earned a $112,000 salary and $2,200 interest income from a jumbo Certificate of Deposit. She recognized a $15,300 capital loss on the sale of undeveloped land. Assume the taxable year is 2016. Compute Lindas AGI and any capital loss carryforward into future years in each of the following cases: She also received a 416,000 capital gain distribution from a mutual fund
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