What is Jerry AGI

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Question - Jerry owns two passive activities (which are not rental activities) with losses of $50,000 and $30,000. Jerry has wage income of $400,000, dividend income of $20,000 and no other items of income or loss. What is Jerry's AGI?

Reference no: EM132571039

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What is Jerry AGI : Jerry owns two passive activities (which are not rental activities) with losses of $50,000 and $30,000. What is Jerry AGI
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