Compute the amount of faustinas 2022 net operating loss

Reference no: EM133541764

Question: Faustina had the following income and deductions listed on her 2022 individual income tax return: Wages $24,000 Business Income $40,000 Interest income on personal investments $2,000 Less business expenses $76,000 Less non-business deductions $3,000 Loss shown on tax returns. -$13,000 Compute the amount of Faustina's 2022 net operating loss.

Reference no: EM133541764

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