Mike single age 31 had the following items for 2012 salary

Reference no: EM13606514

Mike, single, age 31, had the following items for 2012: Salary $50,000 Nonbusiness bad debt ($6000) Casualities - independent events Asset A (personal use property held for 2 years)gain $3,000 Securities (stolen) loss ($8,000) Dividends $2,000 Interest expense on personal residence $10,000 Compute Mike's taxable income for 2012

Reference no: EM13606514

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