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Unformatted text preview: I:5-44 Netting Gains and Losses increasing AGI on deductions and phaseout amounts. 15% X $19,000 = $2,850 ($7,000 X 35%) + ($12,000 X 15%) = $4,250 ($7,000 X 28%) + ($12,000 X 15%) = $3,760 wn: k held for investment. Ignore the effect of set B is an antique clock....
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This note was uploaded on 06/20/2009 for the course ACC 483 taught by Professor Susankuniyoshi during the Spring '08 term at University of Phoenix.
- Spring '08