Solution-Determine tonya adjusted gross income for the

Determine tonya adjusted gross income for the current year

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Reference no: EM132110506

Question - Tonya had the following items for last year:

Salary	$40,000
Short-term capital gain	$12,000
Non-business bad debt	($10,000)
Long-term capital loss	($8,000)

For the current year, Tonya had the following items:

Salary	$45,000
Collection of last year's bad debt	$12,000

Determine Tonya's adjusted gross income for the current year.

Reference no: EM132110506

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Determine tonya adjusted gross income for the current year

Reference no: EM132110506

Reference no: EM132110506

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