Kayla Reported the Following Amounts in Her 2019 Tax Return

question 82

Multiple Choice

Kayla reported the following amounts in her 2019 tax return: $\begin{array}{|l|c|}\hline \text { Interest income } & \$ 6,000 \\\hline \text { Loss from sole proprietorship } & (20,000) \\\hline \text { AGI } & (14,000) \\\hline \text { Standard deduction } & (12,200) \\\hline & (\$ 26,200) \\\hline\end{array}$ Kayla has generated an NOL of

• A)$0.
• B)($26,000).
• C)($14,000).
• D)($20,000).

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Definitions:

Confidence Interval

An interval of values, derived from statistics gathered from a sample, expected to cover the value of a hidden parameter in a population.

Standard Error

A statistic that measures the accuracy with which a sample distribution represents a population using the standard deviation of the sampling distribution.

Confidence Interval

A selection of values, based on sample results, assumed to incorporate the value of an obscure population parameter.

Mean

The average value of a data set, calculated by adding up all the numbers in the set and then dividing by the count of the numbers.