Based on the information given above determine walters agi., Ask an Expert

Accounting

In 2009, Walter had the following transactions:
Salary
$80,000
Capital loss from a stock investment
(4,000)
Moving expense to change jobs
(10,000)
Received repayment of $10,000 loan he made to his brother in 2005 (includes interest of $1,000)
11,000
Property taxes on personal residence
2,000
Based on the information given above, determine Walter's AGI. Be sure to show your work.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M984347

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