In 2019, Nai-Yu had the following transactions: Salary…
In 2019, Nai-Yu had the following transactions: Salary $90,000 Short-term capital gain from a stock investment 4,000 Moving expense to change jobs (11,000) Receipt of repayment of $20,000 loan she made to her sister in 2014 (includes no interest) 20,000 State income taxes (5,000) Nai-Yu’s AGI is: a. $114,000. b. $103,000. c. $98,000. d. $94,000. e. $83,000.
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