Loss on sale of camper purchased 4 years ago and used for, Ask an Expert

Accounting

For the current year, David has salary income of $80,000 and the following property transactions:

Stock investment sales-
Long-term capital gain $9,000
Short term capital loss ($11,000)

Loss on sale of camper (purchased 4 years ago and used for family vacations)

What is David's AGI for the current year?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M983971

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