Quetonya had the following items for last yearltbrgtsalary, Ask an Expert

Accounting

#queTonya had the following items for last year:
Salary $40,000
Short-term capital gain 12,000
Nonbusiness bad debt (25,000)
Long-term capital gain 8,000
For the current year, Tonya had the following items:
Salary $45,000
Collection of last year’s bad debt 25,000
Determine Tonya’s adjusted gross income for the current year.stion..

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Taxation, Accounting

Category:- Taxation
Reference No.:- M9514557

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