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Determine Sam's taxable income for 2013

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Question

Sam, age 45, is single. For 2013, he has the following items;Business income $70,000;Business expenses $75,000;Alimony paid $12,000;Interest income $3,000;Itemized deductions $8,000;A. Determine Sam's taxable income for 2013;B. Determine Sam's NOL for 2013

 

Paper#20773 | Written in 18-Jul-2015

Price : $32
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