Short-term capital gain 12,000
Nonbusiness bad debt (10,000)
Long-term capital loss (5,000)
For the current year, Tonya had the following items:
Collection of last year bad debt 10,000
Determine Tonya's adjusted gross income for the current year.
This question was asked on Apr 11, 2011 and answered on Apr 11, 2011.
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